China's Economy and Global Competition: The Impact of Trump

China's economy continues to grow despite Trump's tariffs. In March 2025, the manufacturing PMI rose to 50.5.
According to the National Bureau of Statistics of China, the new orders sub-index also showed an increase. However, new export orders declined.
Trump raised the tariff on imports from China to 20%. This situation may negatively affect China's exports.

China has started to impose additional tariffs on agricultural and food products from the USA. This retaliation seems to escalate the trade war further.

Experts warn that the trade war could exacerbate the economic challenges faced by China. The effects of global competition are deepening.
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