China's foreign trade is on a roll! 🚀 In the first three quarters of 2024, trade surged over 5%, reaching a record-breaking 32 trillion yuan (about $4.44 trillion). That's over 10 trillion yuan each quarter—talk about setting new milestones! 🌟
Zhu Haibin, the Chief China Economist at J.P. Morgan, says this impressive growth shows just how resilient China's economy is. 💪 Despite global economic slowdowns and other bumps in the road, he believes China's foreign trade will keep up this momentum over the next four years. 📈
So, what's driving this unstoppable growth? Stay tuned as we dive deeper into China's trade triumphs and what they mean for the global market! 🌐
Reference(s):
Economist: China's foreign trade will maintain growth momentum
cgtn.com