🇨🇳🇺🇸Will China sustain its export boom without the US?

Chinese exports surprised with an 8.1% rise in April, defying the decline in trade with the US. Southeast Asia, led by Indonesia (+37%), drove this rebound, offsetting the 21% drop in shipments to Washington, affected by mutual tariffs.

While domestic stimulus seeks to mitigate the impact on labor and deflation, analysts warn that this boom could be temporary. The key will be the sustainability of this new trade direction and the outcome of the negotiations in Switzerland.