Description: With Donald Trump taking over the US Presidency for the second time, China has substantially intensified their exports while their imports have been stable and on the rise. China’s exports mostly focused on the automotive industry with disputes in the EU and the US in terms of tariffs, were still on the rise.
Impact: As the world’s second – largest economy, China is set to face the eminent trade war with the US under the Trump administration. The strengthening in export growth while keeping a stable rate of imports indicates that Chinese economy was set to reach different levels of exponential economic growth. The possibility of new rounds in the trade war with the US is imminent as the Trump administration is poised to raise the tariffs on Chinese products. China’s economy is not expected to fluctuate over the first year although on the long – term the growth rate in exports has been expected to decrease.