TOI correspondent from Washington : Tariffs? What tariffs? In a resounding rebuff to US efforts to corral its manufacturing might and gargantuan growth, China announced a $ 1 trillion trade surplus with the world on Monday, leaving Washington, New Delhi, Brussels among others capitals wringing their hands. It is the first time in human history…
BEIJING: China’s exports topped forecasts in November, buoyed by a boost from a tariff truce with the U.S. even as weak factory activity and vanishing returns from front-loading point to a challenging 2026. Outbound shipments from the world’s second-biggest economy grew 5.9% year-on-year, customs data showed on Monday, reversing from a 1.1% contraction a month…
China’s exports have been keeping the global container market afloat despite its ongoing trade war with the U.S., said ocean carrier giant Maersk. According to Maersk CEO Vincent Clerc, the sourcing superpower’s global export share has increased steadily to about 37 percent this year from 33 percent in 2023, even as its shipments to the…
Home » TRAVEL TECHNOLOGY NEWS » China’s Automakers Surge Ahead with New Travel Technology as BYD and Chery Are Outpacing Western Rivals in Global Markets Tuesday, July 15, 2025 In recent years, the automotive industry has witnessed a profound transformation, particularly within China’s rapidly growing market. One of the most significant factors contributing to China’s…
China achieved a historic trade surplus of approximately $586 billion in the first six months of the year. (AI image) China seems to have diversified its export markets away from the US, reporting a record trade surplus despite the global turmoil and uncertainty created by American President Donald Trump’s tariff war.China achieved a historic trade…