- 14 Jan 2022 22:00
#15207335
https://swarajyamag.com/news-brief/chin ... rew-by-327
Highest ever recorded for any country. Thicc gainz.
Driven by an uptick in shipments of mechanical and electronic products, China’s total exports in 2021 touched $3.36 trillion, representing a 29.9 per cent higher than the 2020 number.
With China's imports also increasing by 30.1 % to $2.69 trillion, the country's overall foreign trade stood at $6.05 trillion in 2021.
The country's export performance was boosted by a strong showing in December with exports clocking $340.5 billion.
After a brief period in 2019 when Trumpian trade wars clobbered bilateral imports and exports., the trade between China and the US is back on track. It surged by 28.7 percent year-on-year in 2021, amounting to a staggering number of $755.6 billion. Consequently U.S trade deficit with China further widened.
While China's export to the US increased by 27.5 percent over the whole year in 2021, while imports grew by 32.7 percent.
https://swarajyamag.com/news-brief/chin ... rew-by-327
Highest ever recorded for any country. Thicc gainz.