Daily Market Updates: China’s export boom creates a difficult bargain for Southeast Asia

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China’s export boom creates a difficult bargain for Southeast Asia

Reported · Written up by our desk · North America

China’s export machine is accelerating as its domestic economy remains under strain. This comes amid growing trade friction as China’s partners question whether persistent surpluses can coexist with balanced and resilient regional growth. Last month, China’s exports rose 36.3 per cent year on year, while shipments to Southeast Asia jumped 52.3 per cent. The trade surplus reached US$133.5 billion, taking the nine-month total to US$938.1 billion. In contrast, retail sales grew just 0.4 per cent in...

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SCMP EconomyChina’s export boom creates a difficult bargain for Southeast Asia

Global Markets

China’s export boom creates a difficult bargain for Southeast Asia

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