
China’s Q1 Trade Soars on Strong ASEAN Ties
China’s Q1 trade grows by 1.3% to 10.3 trillion yuan, with ASEAN topping the charts thanks to vibrant ties, especially with Vietnam.
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China’s Q1 trade grows by 1.3% to 10.3 trillion yuan, with ASEAN topping the charts thanks to vibrant ties, especially with Vietnam.
The Chinese mainland’s exports surged 6.9% in Q1 2025, with total trade reaching 10.3 trillion yuan, reflecting strategic resilience amid global challenges.
A Chinese customs official reassures: “The sky won’t fall” for exports with a 1.3% Q1 growth, thanks to diversified trade and a strong domestic market.
Amid U.S. tariffs, Chinese exporters are shifting focus to the domestic market, unlocking huge potential and reshaping global trade dynamics.
UBS research shows U.S. tariffs could slow Asia-Pacific growth by 50-100 bp, pressuring export-driven economies.
The Chinese mainland has added 12 U.S. entities to its export control list, banning dual-use items from April 10.
Brazil’s egg prices have surged over 40% this year due to rising costs, heat waves, and strong U.S. demand boosting exports.
China’s Ministry of Commerce imposes export controls on 7 rare earth elements to safeguard security and meet international obligations.
Vietnam’s abundant fruit harvest of lychees, mangoes, durians, and jackfruit is boosting exports, fueled by rising popularity on the Chinese mainland.
Malaysian durians, led by the famed Musang King, are now trending on the Chinese mainland with fresh exports starting in August 2024.