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China's exports surge to near-record levels as buyers rush to avoid potential Trump tariffs.
Chinese exports are forecast to hit a record high this year as foreign buyers rush to place orders ahead of potential tariff hikes under President-elect Donald Trump.
This surge could push China's trade surplus to nearly $1 trillion, with export growth reaching its fastest pace since July 2022.
Economists predict that China's GDP will expand by 4.9% in the fourth quarter, and the central bank may cut the reserve requirement ratio by 25 basis points to boost lending.
5 months ago
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