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
Lunar impactor Theia originated near Earth and Sun analysis reveals
40 000 near-Earth asteroids discovered!
How Rapid Translate Saves Time on Legal and Government Translations

24/7 Energy News Coverage
Amazon climate deal a 'win' for global unity but fossil fuels untouched
World's biggest nuclear plant edges closer to restart
Memory chip crunch set to drive up smartphone prices

Military Space News, Nuclear Weapons, Missile Defense
US Ukraine proposals 'not a real plan': Germany
Russian says key city falls;. Missiles kill 10; Zelensky tries to revive peace efforts
UK and MBDA announce major anti-drone laser contract

24/7 News Coverage
Study reveals why mysterious structures within Earth's mantle hold clues to life here
Advanced air filter could enable building vents to capture carbon and reduce energy use
Boos, blowups and last-minute pause as a chaotic COP30 closes out



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.