China Fast Out Of The Gate
2025-01-18 02:15:00 ET
Summary
- There is a lot going on in China right now. Talk of punitive tariffs against the Middle Kingdom swirled through the halls of Congress during a week of hearings for cabinet nominees.
- China’s trade surplus with the rest of the world hit an all-time high of $992 billion, probably giving even more grist to the tough-tariff mill.
- Fourth quarter GDP growth came in at 5.4 percent year-on-year, higher than the 4.9 percent economists had expected.
There is a lot going on in China right now. Talk of punitive tariffs against the Middle Kingdom swirled through the halls of Congress during a week of hearings for cabinet nominees. China’s trade surplus with the rest of the world hit an all-time high of $992 billion, probably giving even more grist to the tough-tariff mill. Its population fell by 1.4 million souls, declining for a third year in a row....
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