China's Export Woes: A Warning Sign for Global Trade The latest survey from China Beige Book paints a concerning picture of China's economy, with U. S. bound shipments experiencing their first decline in several months.
This dip follows a brief respite in June, when shipments surged by 14%, contributing to a 27% increase in overall exports.
China's exports had been steadily rising despite – or perhaps because of – the ongoing trade tensions between Beijing and Washington.