Story perspectives

China's Trade Grows 4% Amid Shifting Global Dynamics

11/10/2025

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Summary

Story summary

China's goods trade increased by 4% year-on-year in the first nine months of 2025, with quarterly growth rising from 1.3% to 6%.
Exports to the U.S. fell by 27% in September due to tariffs, while exports to the EU grew by 14.2%.
Exports to Africa surged by 56.4%, and shipments to ASEAN rose by 15.6%.
Hong Kong's trade with the mainland reached US$261.56 billion, with imports from Hong Kong increasing by 86.6%.
The Hong Kong Trade Development Council reported that 64% of exporters expect stable or improved profit margins, especially in mainland and ASEAN markets.

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Story summary

China's goods trade increased by 4% year-on-year in the first nine months of 2025, with quarterly growth rising from 1.3% to 6%.
Exports to the U.S. fell by 27% in September due to tariffs, while exports to the EU grew by 14.2%.
Exports to Africa surged by 56.4%, and shipments to ASEAN rose by 15.6%.
Hong Kong's trade with the mainland reached US$261.56 billion, with imports from Hong Kong increasing by 86.6%.
The Hong Kong Trade Development Council reported that 64% of exporters expect stable or improved profit margins, especially in mainland and ASEAN markets.