Space News from SpaceDaily.com
China saw record annual exports in 2024: state media
ADVERTISEMENT


Beijing, Jan 13 (AFP) Jan 13, 2025
China's exports surged to a record high in 2024, state media reported Monday, as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.

Overseas shipments represented a rare bright spot in China's economy last year as sluggish domestic consumption and a prolonged crisis in the property sector dragged on growth.

Total exports last year "exceeded 25 trillion yuan for the first time, reaching 25.45 trillion yuan ($3.47 trillion)... a year-on-year increase of 7.1 percent", state broadcaster CCTV said.

Imports totalled 18.39 trillion yuan, a rise of 2.3 percent on-year, CCTV said, adding that combined trade swelled five percent to reach a record 43.85 trillion yuan.

Trump imposed sweeping tariffs on China during his first term in office and has threatened even heftier levies when he returns to the White House next week.


ADVERTISEMENT





Space News from SpaceDaily.com
NASA Stennis proves water systems ready for Artemis IV upper stage trials
China verifies Long March 10 booster splashdown and crew escape in key lunar test
Stoke Space expands Series D funding to $860M to drive Nova launch development

24/7 Energy News Coverage
Latvian startup advances nuclear-fueled power for satellites and future Moon missions
Quantum team reads information from robust Majorana qubits using quantum capacitance
Photonic neurons push ultra-fast trading beyond electronic limits

Military Space News, Nuclear Weapons, Missile Defense
Raytheon demonstrates recoverable Coyote system against drone swarms
The Decline and Fall of Donald Trump
'Greenland moment': Macron urges Europe to invest in strategic sectors

24/7 News Coverage
Southern Indian Ocean waters lose salt as climate shifts currents
Course correction needed quickly to avoid pathway to 'hothouse Earth' scenario, scientists say
Ancient trilobite shells reveal durable chitin and long term carbon storage



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.