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China economy
Economy

14 things you may not know about China's Economy

  • Background explainers, news and analysis on China’s economy, including its opening up, the US-China trade war, the impact of tariffs and trade talks, growth rates and other key economic data, the Belt and Road Initiative, and Greater Bay Area plan.

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14 things you may not know about China's Economy
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From the US-China trade war to the impact of tariffs, here are the top things you may not know about China’s Economy.

1. What are China's trade tariffs and how are they used?

Tariffs are extra customs duties imposed on imported goods, usually paid by importers. Learn more
In recent years, China saw a spike in bilateral tariffs with the United States, due to the tit-for-tat tariffs levied on each other’s exports during the ongoing trade war. Photo: DPA
In recent years, China saw a spike in bilateral tariffs with the United States, due to the tit-for-tat tariffs levied on each other’s exports during the ongoing trade war. Photo: DPA

2. What do you need to know about China trade?

China’s export-driven economy accounted for 13 per cent of the world’s exports in 2017. Learn more
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China’s exports grew by 11.4 per cent in October 2020, compared with a year earlier, while its imports grew by 4.7 per cent over the same period from a year ago. Photo: AFP
China’s exports grew by 11.4 per cent in October 2020, compared with a year earlier, while its imports grew by 4.7 per cent over the same period from a year ago. Photo: AFP

3. How’s China's food security drive going and why’s it important?

China needs to feed 1.4 billion people, but questions have been raised about its food security. Learn more
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