China faces Trump's return just as its reliance on exports increases

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China faces Trump's return just as its reliance on exports increases - Business Standard

Quick Summary:

China is facing a repeat of the tensions and uncertainty from the first presidency of Donald Trump, only with a weaker economy that’s even more reliant on exports than it was during the first trade war with the US.

New research from Bloomberg Economics confirms that while both nations report having diversified their trade from each other, the US continues to be the largest single destination for Chinese manufacturing value-added.

In response, companies raced to stock up, boosting purchases from China in the final months of last year and potentially pulling forward demand from this year.