1mo ago

China emerges from trade chaos with record exports and surplus

www.straitstimes.com

cross-posted from: https://lemmy.zip/post/43954112

China ended the first half of 2025 with a record trade surplus of about US$586 billion
Exports rose 5.8 per cent in June from a year earlier to US$325 billion

Global News @lemmy.zip

schizoidman @lemmy.zip

1mo ago

China emerges from trade chaos with record exports and surplus

www.straitstimes.com /business/economy/china-emerges-from-trade-chaos-with-record-exports-and-surplus

66 comments

It’s almost like the rest of the world just…moved on.
Ffs. We need a strong USA. Get rid of this moron.
- Why do we need a strong usa?
  I would settle for a stable USA that takes care of its people.
  
  Back in 1997 there was a storyline in WWF with a professional wrestler named Bret Hart.
  Bret is a Canadian. And the storyline was that he was a bad guy in the USA, because he bad mouthed USAs healthcare, and treatment of veterans.
  He was a good guy everywhere in the world EXCEPT the USA.
  He said things like "Back home in Canada, we still act like decent people. Where we take care of the sick, and the elderly. We honor our veterans who served our country. Not like here where you dump them in the streets and spit on them as they suffer. I can't wait to get back to Canada. A real country to be proud of. Not this fascade of an image that your country tries to project. All men are created equal, huh? Kind of hard to take that seriously, when the quotes author was a slave holder."
  Yeah. Professional wrestling was WILD in the late 90s. But I bet you thought it was just muscle roided beefy boys beating their chests and shaking the ropes, huh?
  My point is, we've NEVER taken care of our own people. Even a professional wrestler 30 years ago could see that.
  
  Yeah the need for a "strong country" is just pure awful nationalism.
  Fight for a "good country" instead.
  
  A strong USA is a call for stability. Consider what they said about the mongols, "For fear of his yasa and punishment his followers were so well disciplined that during his reign no traveller, so long as he was near his army, had need of guard or patrol on any stretch of road ; and, as is said by way of hyperbole, a woman with a golden vessel on her head might walk alone without fear or dread."
  Weather the mongols (or the USA) are a good empire is a separate matter. The US brings a lot of stability for small countries and keeps sea ways open for trade. It is not an act of charity the way some republicans frame it, but still. Simply saying for the US empire to fold those responsibilities begs the question, who or what will take its place?
  These are not easy questions and leave a lot unsatisfied. They almost remind me of anarcho capitalists saying that with out states and leaving things to the free market everyone will hold hands and sing kumbaya.
  
  Never existed
  
  That’s true…if only.
- Seriously. The states mostly hate each other as is. Split up, be happier. You'll have little Russia down in the south where rights are a joke and children go back to the mines but hey, that's just good solid capitalism. And then you'll have everyone else forced to live with their crumbling neighbor slinging shit over the fence for a few decades.
- Too late. Globalisation has just sized up the US.
  A new leader and government will help, but what a monumental pit to come out of. The first term will be mostly spent plugging holes and repairing.
  Barely six months in and American citizens are on their knees—literally if ICE are there with an unmarked van—and no one's doing a thing. It's like every part of the American Constitution was just for show all this time.
  
  Been calling it since Covid. People then were turning their heads whenever some asshole walked into a building without a mask. NO ONE would say anything. I did. Stayed safe. Pissed off some idiots and am better for it.
  The United States as a whole has been complicit for awhile now. Better to not start any waves. People saying they have jobs to keep, bills to pay. Don't want to risk anything.
  Now, after years of questioning I have one more:
  How's that going?
- We need a strong USA.
  Glances at the last 40 years of US history
  Do we?
  
  Ha ha fair enough.
  
  I still prefer the last 40 years of US history over the last 40 years of Chinese history
- This is the results of decades of bipartisan foreign policy. If you want change, we’ll have to oust the majority of Democratic Party leadership as well.
- We need s week usa , enough of the uniyed snake bullying
How's making America great again going?
- Mission impossible. It’s never been great.
  
  We had a good five or ten minutes somewhere in 1945. Also, gotta admit that Moon Landing was cool.
  Everything else I could probably live without.
Everyone was trying to beat the tariffs and it ended up creating record exports.
- I work in an area that just blew up with Chinese factories the past 6 months. Green field to fully automated factories in 3 months.
Man I remember arguing with somebody that said that China would want the USA to be stable and strong and that they don't want the USA playing these games
My response is that China's loving this and they're going to be breaking in profits and low and behold.
China does not care about the United States stability as long as the United States is not focused on China.
- "Never interrupt your enemy when he is making a mistake" - ancient Chinese war man
  
  *Napoleon Bonaparte
  But it does sound like Sun Tzu! Which reminds me, got a new copy of The Art of War and I haven't read it in 10 or 20 years.
- A trade surplus doesn't mean they are going well.
  Total exports increasing does. But it's only half of the picture.
  
  It means their economy is still running strong and that people are still buying from them. And they did increase total exports.
  The trade war is not going well for the United States
It seems effective not to become vassals to the yanks. Europe should take notes, ditch these stupid obese people, and chart its own course, away from muhrican degeneration.
- I mean, we're also obese. But your other points stand 😁
- I'm American and completely agree. Europe is in a much better spot to lead than America is. America needs to be shamed.
  
  Half of America is ashamed, and the shameful half is too busy eating its own excrement to know what shame is.
Of course they do. Cost of living goes up, people buy the cheaper options of essentials . The ones mass produced in China.
Meanwhile, the orange clown is celebrating his 27B tariff surcharge...penny wise.
Can’t wait for China to emerge as the global hegemon and for the rest of the world to drop the USD as the reserve standard.
With the coming change I hope more countries will join the Belt & Road initiative.
- Lemmy acting like people that lived here in Germany in the 40s aren't people...those Lemmy's are just as bad as what they think they are angry at...most people here in Germany were good people...just like anywhere else. The bad people tended to be a small percentage.
  SCNR.

66 comments