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
The Race Is On: Artemis, China and Musk Turn the Moon Into the Next Strategic High Ground
First Crewed Moon Flyby In 54 Years: Artemis II
NASA confirms first flight to ISS since medical evacuation

24/7 Energy News Coverage
From Quantum Physics to Coastal Resilience Brad Bartz to Present Who Turned the Power Back On at AltaSea
Anthropic unveils new AI model as OpenAI rivalry heats up
EU nations back chemical recycling for plastic bottles

Military Space News, Nuclear Weapons, Missile Defense
Airbus and Hisdesat extend deal to market next generation PAZ-2 radar imagery
NASA backs studies to boost hypersonic flight testing
New axis grid links complex earth data in space and time

24/7 News Coverage
No fences needed: GPS collars show 'virtual fencing' is next frontier of livestock grazing
Landsat study maps boreal forest shift north
Pakistan's capital picks concrete over trees, angering residents



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.