this post was submitted on 09 May 2025
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63
China's exports to US sink, offset by trade with other economies, as US tariffs hit global trade (finance.yahoo.com)
submitted 1 month ago by yogthos@lemmygrad.ml to c/news@hexbear.net
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[–] came_apart_at_Kmart@hexbear.net 30 points 1 month ago (3 children)

the comments/bots on this story are highly refined copium.

claims China is hurting, the stats are rigged, the trade data is fake, doubling down on "making sure nothing comes to the US" types of chants, and my personal favorite: America is the entire planet and nothing can survive without our radioactive demand.

I wonder how many days of shelves emptied of treats and circus machines, how many months delay for building materials, and how widespread price gouging from supply constraints have to get for some these trade isolationists to understand that the value of currency is pegged to what it can buy.

and if we can't buy shit, it ain't worth shit.

[–] yogthos@lemmygrad.ml 23 points 1 month ago (1 children)

Claiming that all the data is rigged is my favorite cope.

[–] BelieveRevolt@hexbear.net 17 points 1 month ago (1 children)

If the numbers are good for China, that means the government made them look favorable. Real Parenti quote hours.

[–] yogthos@lemmygrad.ml 11 points 1 month ago

lol yeah

[–] miz@hexbear.net 15 points 1 month ago* (last edited 1 month ago)

brb need to commission an oil painting of a boomer in golf gear and MAGA hat standing in the supermarket staring mournfully at an aisle of empty supermarket shelves

[–] Damarcusart@hexbear.net 8 points 1 month ago

I don't know if it'll ever sink in. The western press has been framing anti-China stuff as "as bad as things look over here, things over there are always worse!" so they'll just double down on China having even more lack of goods and struggling even more, just lying about it.

[–] GoodGuyWithACat@hexbear.net 10 points 1 month ago (2 children)

Total exports from China rose 8.1% last month from a year earlier, much faster than the 2% pace most economists had been expecting. That was much slower than the 12.4% year-on-year increase in March. Imports fell 0.2% in April from the year before.

I'm being dumb, but so many of the figures in this seem contradictory. Was it less growth than expected or more than expected?

[–] Barabas@hexbear.net 7 points 1 month ago (1 children)

There was more growth than expected but less growth than March.

[–] GoodGuyWithACat@hexbear.net 7 points 1 month ago

So the economists are morons then. "Surely China will collapse after a double digit increase in exports."

[–] BelieveRevolt@hexbear.net 5 points 1 month ago (1 children)

I'm probably also dumb, but this seems confusingly written to me. Does ”exports from China” mean exports from China to the US or the other way around?

[–] yogthos@lemmygrad.ml 6 points 1 month ago

There is month to month volatility, but overall trend is towards higher than expected growth.

[–] Sodium_nitride@lemmygrad.ml 6 points 1 month ago

China's imports from the U.S. dropped more than 13% from a year earlier, while its politically sensitive trade surplus with the United States was nearly $20.5 billion in April, down from about $27.2 billion a year earlier.

In the first four months of the year, China’s exports to the United States fell 2.5% from a year earlier, while imports from the U.S. fell 4.7%.

Western journalists and an inability to put raw data into tables/csv files do we can understand what the fuck they are saying.