Chinese Exports: Do Not Jump Yet

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Do Not Jump Yet: “The damage of higher US tariffs on China’s exports will likely show up in next month,” said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management. “While the tech sector in China is booming, domestic demand is still weak as the property sector downturn has not ended.”

The higher exports were due to frontloading ahead of Trump Tariffs while the drop in imports reflects sluggish demand at home and shows how the health of the domestic economy is affecting other nations. Chinese purchases from overseas hit the lowest since 2020.

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#USTariffs #ChinaExports #EconomicImpact #TechSector #MarketTrends
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