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China’s Trade Surge Amid Global Shifts | Tulsa News
China’s July trade numbers show a slight slowdown but remain robust year-over-year, with exports up nearly 24% and a trade surplus of $112.5 billion. High-tech electronics and vehicles continue driving growth, with tech exports surging 41% in the first seven months. While typhoons and Middle Eastern aluminum disruptions contributed to minor hiccups, China’s global supply chain dominance persists—exports to the EU jumped 17%, Southeast Asia surged 25% (now China’s top trading partner), and U.S. exports grew just 2.6%. The data confirms China’s deep integration into global high-value…
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