HONG KONG -- China's robust export engine is expected to pump out a new record this year, driven partly by a wave of American clients rushing to hoard Chinese goods under the threat of higher tariffs from U.S. President-elect Donald Trump.
Economists expect record shipments in 2024 but warn sugar rush could wear off quickly
Shipping containers at the Port of Los Angeles on Oct. 17. The port moved more than 900,000 twenty-foot equivalent units of containers that month, up 25% on the year. © Reuters
HONG KONG -- China's robust export engine is expected to pump out a new record this year, driven partly by a wave of American clients rushing to hoard Chinese goods under the threat of higher tariffs from U.S. President-elect Donald Trump.