Export growth faces uncertainty despite trade truce with US
Drummers perform at a New Year ceremony in Beijing on Jan. 1. China enters 2026 with a U.S. trade truce but mounting global tariff threats, as weak consumer demand, a housing slump, and slowing investment weigh on its export-led economy. © Reuters
WATARU SUZUKI
January 5, 2026 13:36 JST
SHANGHAI — China enters 2026 with a trade truce in place with the U.S., but the world’s second-largest economy faces rising tensions as countries across Europe and Latin America threaten to impose their own tariff barriers over concerns that Beijing’s export-driven growth model is stifling their industries.