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China Update: Trade Surplus and Military Developments
Happy Tuesday, everyone! Welcome to another episode of China Update, where we provide the latest political, economic, and geostrategic analysis on China's economy. I'm Tony, and today, we will dive deep into the latest trade data and concerning developments regarding Taiwan.
Trade Data Insights
The recent release of China's trade data has caught the attention of analysts around the world. Different from other official metrics published by Beijing, trade data is often considered accurate due to its verifiability with trading partners. The figures for December surpassed expectations, with exports jumping 10.7% year-on-year, well above the forecasted 7.3% growth, and an impressive rise from November’s 6.7% growth.