{"id":242833,"date":"2026-01-13T20:03:16","date_gmt":"2026-01-13T20:03:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/242833\/"},"modified":"2026-01-13T20:03:16","modified_gmt":"2026-01-13T20:03:16","slug":"fears-over-chinas-trade-surplus-misplaced-as-us-europe-also-driving-trend-analysts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/242833\/","title":{"rendered":"Fears over China\u2019s trade surplus misplaced as US, Europe also driving trend: analysts"},"content":{"rendered":"

The so-called China Shock 2.0 narrative is incomplete, analysts argued, as they noted that domestic macroeconomic forces in China and the West, particularly the United States, are at play in driving their growing external trade imbalance.<\/p>\n

China\u2019s full-year trade data for 2025, including figures on the trade surplus, will be released by Beijing\u2019s General Administration of Customs on Wednesday morning.<\/p>\n

\u201cChina Shock 2.0 isn\u2019t fully a China story \u2013 it relies on China\u2019s industrial advances as much as demand from the rest of the world<\/a>,\u201d said Xu Tianchen, senior economist at the Economist Intelligence Unit.<\/p>\n

He added that years of stimulus-fuelled demand in the US and a prolonged property downturn in China have reinforced the long-standing global pattern of Chinese production and American consumption, widening the goods trade imbalance.<\/p>\n

By contrast, China\u2019s services trade has long run a deficit, with Ministry of Commerce data showing a shortfall of 806.35 billion yuan (US$115.6 billion) in the first 11 months of last year.<\/p>\n","protected":false},"excerpt":{"rendered":"The so-called China Shock 2.0 narrative is incomplete, analysts argued, as they noted that domestic macroeconomic forces in…\n","protected":false},"author":2,"featured_media":242834,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[122748,37933,72,114,122749,122750,60972,13118,31504,113,7316,61,21326,60,122751,115,1097,103789,66080],"class_list":["post-242833","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-american-consumption","tag-bank-for-international-settlements","tag-business","tag-china","tag-china-price","tag-china-shock-2-0","tag-chinese-exports","tag-covid-19-pandemic","tag-economist-intelligence-unit","tag-economy","tag-goldman-sachs","tag-ie","tag-international-monetary-fund","tag-ireland","tag-one-big-beautiful-act","tag-united-states","tag-us-dollar","tag-xu-tianchen","tag-yuan"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/242833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=242833"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/242833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/242834"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=242833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=242833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=242833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}