Where Data Tells the Story
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In 2023, China's trade surplus was greater than the next three countries combined, standing as the top trading partner to 60 countries globally.
Since the pandemic, China's merchandise exports have ballooned by $1 trillion, with the country increasingly exporting to Southeast Asian countries amid growing trade tensions with America and other nations.
At a time of sluggish GDP growth and weak domestic demand, China has particularly focused on manufacturing as an engine of economic growth.