• Latest
  • Trending
Is China’s growth on shaky ground?

China’s trade surplus hits $992 billion in 2024

13 January 2025
Infosys Foundation partners with ICT Academy of Tamil Nadu to boost employability in rural India

Infosys Foundation commits ₹48 cr to maternal and child healthcare in Karnataka

5 July 2025
India’s top export destinations: how trade tells the story of global alliances

India’s top export destinations: how trade tells the story of global alliances

5 July 2025
SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades

SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades

5 July 2025
NMDC reports record production, expands global reach with new UAE office

NMDC reports record production, expands global reach with new UAE office

5 July 2025
OpenAI and Oracle team up to build next generation AI infrastructure

OpenAI and Oracle team up to build next generation AI infrastructure

4 July 2025
Ecobank partners with Google Cloud to drive digital innovation in Africa

Ecobank partners with Google Cloud to drive digital innovation in Africa

4 July 2025
IT and Digital jobs are now paying the most across India

IT and Digital jobs are now paying the most across India

4 July 2025
Data Story: LME Aluminium price remains stable despite tariff concerns

Data Story: LME Al inventory level remains at multi-month low on US tariffs

3 July 2025
LTIMindtree launches GCC-as-a-Service

LTIMindtree launches GCC-as-a-Service

3 July 2025
Zoho deepens tech focus with Kerala expansion and Asimov deal

Zoho deepens tech focus with Kerala expansion and Asimov deal

3 July 2025
Microsoft trims 9000 jobs as part of a global restructuring plan

Microsoft trims 9000 jobs as part of a global restructuring plan

3 July 2025
Paradip Port Authority hits milestone: Handles 41.12 MMT cargo

Data Story: Iron ore vessels see a dip at Paradip port this week

3 July 2025
Sunday, July 6, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

China’s trade surplus hits $992 billion in 2024

in world
Reading Time: 1 min read
0
Is China’s growth on shaky ground?

Athira Sethu

Kochi, 13 January 2025

RelatedPosts

India-US trade deal likely soon, hinted Trump

Shubhanshu Shukla flies into history with Axiom 4 Mission

Iran threatens to block Strait of Hormuz after US strikes

China’s trade surplus rose to a record $992 billion in 2024, up 21% from the previous year. This was mainly driven by strong exports and weak imports. Exports were especially high in December, rising nearly 11% to $336 billion, making it the second-best month ever for Chinese exports. Overall, China exported $3.6 trillion worth of goods in 2024.

Strong export performance has been a boon for China’s economy, which is still reeling from a housing crisis and weak domestic demand. But the future of China’s trade is not certain, particularly with President-elect Donald Trump’s promise to raise tariffs on Chinese goods. That could send Chinese exporters looking elsewhere, creating even more global trade tension.

Imports in 2024 increased by only 1.1%, which means that demand within China is weak. Export prices have been declining for more than a year due to deflation, which means that even though China shipped more goods, they earned less money. This has resulted in an increase in the volume of trade, with the value of exports increasing at a slower rate.

The busiest world port, the Shanghai port, received more than 51 million containers in 2024; despite the challenges, trade was on a considerable upsurge. The long-term outlook will be shaped by the new U.S. administration policy and China’s response to any potential tariff hikes.

Related Posts

Trump launches crypto venture to fuel 2024 Presidential run

India-US trade deal likely soon, hinted Trump

by databiztimes.com
27 June 2025
0

Athira Sethu Kochi, 27 January 2025 The United States is likely to sign a significant trade deal with India in...

Shubhanshu Shukla flies into history with Axiom 4 Mission

Shubhanshu Shukla flies into history with Axiom 4 Mission

by databiztimes.com
25 June 2025
0

Athira Sethu Kochi, 25 June 2025 Shubhanshu Shukla, who is a Group Captain with the Indian Air Force (IAF), is...

Iran threatens to block Strait of Hormuz after US strikes

Iran threatens to block Strait of Hormuz after US strikes

by databiztimes.com
23 June 2025
0

Athira Sethu Kochi, 23 June 2025 Iran is considering shutting down the Strait of Hormuz, a highly significant seaway for...

Group of shareholders ask investors to vote against Elon Musk’s pay package, says Report

Tesla to open first showroom in India this July

by databiztimes.com
21 June 2025
0

Athira Sethu Kochi, 21 June 2025 Tesla is set to formally enter the Indian market this July by opening its...

Infosys Foundation partners with ICT Academy of Tamil Nadu to boost employability in rural India
Media Release

Infosys Foundation commits ₹48 cr to maternal and child healthcare in Karnataka

by databiztimes.com
5 July 2025
0

DBT Bureau Pune, 5 July 2025 Infosys Foundation, the philanthropic and CSR arm of Infosys, announced its collaboration with Prashanthi...

Read moreDetails
India’s top export destinations: how trade tells the story of global alliances
Economy

India’s top export destinations: how trade tells the story of global alliances

by databiztimes.com
5 July 2025
0

DBT Bureau Pune, 5 July 2025 India’s export data highlights strong ties with the US, UAE, and China, reflecting both...

Read moreDetails
SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades
Business

SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades

by databiztimes.com
5 July 2025
0

Athira Sethu Kochi, 5 July 2025 The Securities and Exchange Board of India (SEBI) has prohibited a world trading firm...

Read moreDetails
NMDC reports record production, expands global reach with new UAE office
Economy

NMDC reports record production, expands global reach with new UAE office

by databiztimes.com
5 July 2025
0

DBT Bureau Pune, 5 July 2025 India’s largest iron ore producer, NMDC Limited, has reported its highestever June month production...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?