cross-posted from : https://lemmy.zip/post/60427100
China’s export growth likely quickened in the January-February period, a Reuters poll showed on Monday, suggesting the world’s second-largest economy is on track to top last year’s record $1.2 trillion trade surplus over the course of 2026.
They have to. China’s economy (and likely the government?) would be facing even more severe trouble without extensive export growth. Foreign markets are the country’s only lifeline after a decade of so of failed economic policy. The world is waking up only slowly, but at least supply chain diversification is underway.