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China's Exports to India Rose 12% in May Amid US Trade War: GTRI
The Business Guardian
|June 18, 2025
Amid tariff war with US, China increases its exports to other countries like India, European Union (EU), and the Association of Southeast Asian Nations (ASEAN) as per the May trade data, stated a report by the Global Trade Research Initiative (GTRI).
The report highlighted that China's latest trade data for May 2025 shows a significant shift in its export destinations, with a sharp decline in shipments to the United States.
As per the report, while China's overall exports rose modestly by 4.6 per cent, from USD 302.1 billion in May 2024 to USD 316.2 billion in May 2025, its exports to the U.S. fell drastically by 34.5 per cent, from USD 44 billion to USD 28.8 billion during the same period. This steep drop in trade with the U.S. is being offset by increased exports to other regions.
Cette histoire est tirée de l'édition June 18, 2025 de The Business Guardian.
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