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Despite Global Strains, China’s Export Engine Keeps Running in May
Last Updated: 2025-06-10 22:44 | CE.cn
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By Hasan Muhammad

Editor's Note: The writer is a freelance columnist on international affairs based in Karachi, Pakistan. The article reflects the author's opinions and not necessarily the views of China Economic Net.

On Monday, China released its latest trade data, revealing that total goods imports and exports rose to 17.94 trillion yuan ($2.5 trillion) in the first five months of 2025, marking a 2.5 percent year-on-year growth. The figures come against the backdrop of persistent trade tensions with the United States, geopolitical headwinds, and a fragile global recovery. Yet, as the world's second-largest economy, China appears to be charting a more confident course - one that underscores its evolving role in the global supply chain and its deft rebalancing of international partnerships.

At the heart of this trade story is resilience. Exports alone climbed 7.2 percent over the five-month period, with May seeing a particularly strong surge of 6.3 percent, despite two fewer working days compared to the same month last year. It's a reminder that while global supply chains may be undergoing stress tests, they are far from disentangling from China. In fact, they are adapting to it.

If the data paints a picture of tenacity, it also reveals evolution. One of the most telling aspects of China's trade performance in 2025 is where the growth is coming from. Trade with ASEAN countries rose 9.1 percent in the first five months, reaffirming the regional bloc's position as China's largest trading partner. More striking still is China's flourishing commercial rapport with the African continent. China-Africa trade soared 12.4 percent to a record 963.2 billion yuan ($134 billion), with exports jumping an impressive 20.2 percent, and a 35.3 percent spike in May alone.

These numbers matter not only economically, but geopolitically. As Washington doubles down on decoupling rhetoric and European capitals weigh their version of "de-risking," Beijing is broadening its web of partnerships across the Global South.

High-tech manufacturing is also pulling its weight. Equipment manufacturing exports rose 9.2 percent, accounting for over half of total exports. Electric vehicle shipments were up 19 percent, and industrial robot exports surged an eye-catching 55.4 percent. These are not the hallmarks of a low-end factory economy - they indicate a momentum pivoting toward innovation and higher-value production. It's a reflection of the country's investment in "new quality productive forces."

Indeed, the structural transformation of Chinese trade is matched by institutional momentum. The number of foreign-invested enterprises active in trade hit a five-year high, exceeding 73,000. These firms accounted for nearly 30 percent of total trade volume, indicating that global investors still see China as an indispensable player.

For many countries in Africa, Southeast Asia, and parts of Europe, the Chinese marketplace - supported by its vast network of suppliers, manufacturers, and logistics infrastructure - remains indispensable. Companies across these regions continue to rely on China's supply chain, drawn by the strong competitiveness of Chinese businesses and the consistent balance of quality and pricing they offer.

There are many reasons why China's foreign trade can remain active amid severe challenges. After the high-level economic and trade talks between China and the United States made substantial progress, the high-speed operation of foreign trade companies' production lines effectively offset the impact of tariff policies. A series of policy measures have also gradually released their effectiveness, which has greatly boosted the confidence of foreign trade companies.

In an age when borders seem to be hardening and nationalism is back in vogue, China's expanding trade footprint is a quiet but forceful rebuttal. It shows that, for all the talk of bifurcation, interdependence still runs deep.

(Editor: liaoyifan )

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Despite Global Strains, China’s Export Engine Keeps Running in May
Source:CE.cn | 2025-06-10 22:44
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