Chinese toymaker Pop Mart’s store in a shopping centre in Beijing. Global demand for Chinese toys and other consumer goods has surged in recent months, driving China’s trade surplus to record levels. Photo: EPA-EFE
Opinion
Opinion
Macroscope
US-China relations: make peace, not trade war, to ensure mutually beneficial growth
- China’s export performance is accelerating in spite of strong headwinds, putting it at odds with its biggest trading partners, especially the US
- If the US and China are to defuse trade tensions, compromise and concessions are needed on both sides to help stabilise global trade imbalances in the long run
Chinese toymaker Pop Mart’s store in a shopping centre in Beijing. Global demand for Chinese toys and other consumer goods has surged in recent months, driving China’s trade surplus to record levels. Photo: EPA-EFE
