China's exports reach record high as Trump tariffs approach

China's exports reached a record high in 2024, rising 10.7 percent year-on-year, according to customs data. This increase surpassed economists' expectations and comes as President-elect Donald Trump prepares to implement tariffs on Chinese goods. Imports also showed unexpected growth, rising 1 percent, marking the strongest performance since July 2024. Analysts suggest that companies are increasing shipments to avoid potential tariffs, which could impact China's economy. China's government has introduced aggressive measures to stimulate growth amid economic challenges. These include policy rate cuts and relaxed property purchase restrictions, as concerns grow over meeting the 5 percent GDP growth target.