China’s Trade Soars in Early 2026, Defying Forecasts
Summary
China’s trade surged by 21.8% in early 2026, driven by strong exports beyond the US and increased imports amid rising energy costs due to the Middle East conflict.
Key Points
- China’s trade rose 21.8% in the first two months of 2026, surpassing forecasts.
- Exports to the US declined 11% due to tariffs, while exports to the EU and ASEAN increased significantly.
- Imports surged 19.8%, fueled by higher oil shipments amid the US-Israel conflict impacting energy routes.
- China’s trade surplus raises calls for balancing trade; officials emphasize balanced imports and exports.
