cross-posted from: https://lemmy.zip/post/43954112
China ended the first half of 2025 with a record trade surplus of about US$586 billion
Exports rose 5.8 per cent in June from a year earlier to US$325 billion
cross-posted from: https://lemmy.zip/post/43954112
China ended the first half of 2025 with a record trade surplus of about US$586 billion
Exports rose 5.8 per cent in June from a year earlier to US$325 billion
A trade surplus doesn’t mean they are going well.
Total exports increasing does. But it’s only half of the picture.
It means their economy is still running strong and that people are still buying from them. And they did increase total exports.
The trade war is not going well for the United States
What the other comment said is correct. It alone doesn’t show they’re doing fine. They could instead have a massive decrease in imports, and their export surplus would increase, but it’d suck because no one actually cares about that. I don’t get upset when I go to the grocery store and leave with less money than when I entered, because I got goods of similar value with that money.
If their total exports went up, then that indicates they’re doing well.