China's Trade Surplus Reaches Record $99 Billion, Raising Concerns of Economic Friction
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#82a19eb3 ver:0.6

China's trade surplus reaches record $99 billion, driven by strong export growth but weak domestic demand. Concerns arise over economic friction and sustainability of exports amidst global trade protectionism. China's manufacturing sector performs well, but declining business confidence and slow services activity raise concerns. GDP growth forecasted to slow to 5.1% in Q2 due to property crisis and trade tensions. China's dominance in global trade may lead to increased friction and trade wars, impacting global supply chains and economic growth. #China #TradeSurplus #EconomicFriction #Exports #GlobalTrade...

#newstr #China #TradeSurplus #Exports #Imports #DomesticDemand #EconomicTensions #GlobalTrade #GeopoliticalTensions #TradePolicies #EconomicGrowth 

 https://here.news/story/82a19eb3?ver=0.6