Economists are warning that China’s export growth could weaken or even contract next year as a result of Donald Trump’s tariffs, as the incoming US administration threatens to hamstring a crucial source of expansion for Beijing.
Chinese exports have risen about 5.4 per cent in dollar terms from January to November year on year to $3.2tn, bolstering overall GDP growth at time when authorities have struggled to restore confidence during a drawn-out property slowdown.
But economists widely anticipate a deceleration in 2025 because of the tariffs, which many say will increase the need for Beijing strengthen support for the economy.
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