China’s exports rapidly declined last month as part of an economic downturn unseen since the beginning of the COVID-19 pandemic. Chinese policymakers are under pressure to implement new stimulus measures in light of the challenges that the global economy is currently experiencing. The first quarter saw a momentary pickup in China’s economic recovery following the…
Gloomy Outlook for China Exports, as Economy Struggles to Recover Amid Weakened Global Demand
July 14, 2023
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China’s Imports and Exports Fell in January-February, Manufacturing Exports Fell Across the Board
March 14, 2023
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China’s General Administration of Customs released import and export figures for the first two months of 2023 on March 7, admitting that imports and exports had fallen year on year (YOY) and manufacturing exports had fallen across the board. According to the official data, China’s exports fell 6.8 percent from a year earlier to $506.3…
Five Events That Impacted China’s Economy in 2022
Analysis Looking back at 2022, China’s economy increasingly struggled under various policies of the Chinese Communist Party (CCP). From the extreme “zero-Covid” policy to the regulations in the real estate sector, and from the waves of defaulted loans on incomplete buildings to the deterioration of exports, China’s economy has been hit hard, and many policies…
China’s Exports Fall at Record Rate, Companies Sent Abroad to Attract Buyers
China’s manufacturing sector has significantly shrunk under the weight of strict zero-COVID policies and declining international demand. In November, exports, the main source of foreign exchange for the ruling communist regime, plummeted at a record rate year-on-year. China’s total exports fell by 8.7 percent to $296.1 billion in November compared to November last year, the largest…
Whistleblower Claims Twitter Lied to Musk; Ford Cuts 3,000 Jobs in Pivot to EVs | NTD Business
A former Twitter executive turns whistleblower. He alleges terrible security standards at the tech giant—and says the company has been lying and trying to hide its state of security. Ford is cutting thousands of jobs as it tries to catch up with electric automaker Tesla. The Chinese military could be getting stronger because of U.S. tech…
China’s Foreign Exchange Reserves Fell for 4 Consecutive Months, With Record Decline in April
June 2, 2022
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In the first four months of this year, China’s foreign exchange reserves continued to decline by more than $100 billion. The decline in April was the biggest drop since November 2016 nearly five and a half years ago. According to the China Administration of Foreign Exchange, from the end of December last year to the…
Vietnam’s Exports Soar as Manufacturers Shift Away From China’s Tech Capital Shenzhen
Vietnam has seen a tremendous increase in its exports following Xi Jinping’s Zero-COVID policy imposing lockdowns in Shenzhen and Shanghai this spring. According to Vietnam’s General Statistics Office (GSO), the country’s exports reached a record high of $34.7 billion in March. In comparison, Shenzhen’s exports were only $17.8 billion, down 14 percent from last year,…
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