HK media: China's first breakthrough, the Belt and Road countries exceed the US!
On January 2, Hong Kong "The Guardian" published an article: "2025 is a critical year for the Belt and Road Initiative to enter its second decade. China has signed more than 200 cooperation documents with 155 countries and 32 international organizations, and the participating countries account for 78.6% of the world. In the first 11 months of last year, the trade surplus ratio between China and Belt and Road partner countries reached 45% (about $480 billion), exceeding the trade surplus with the US for the first time, and exports to the US increased by 11.6% year-on-year, far exceeding the overall export growth rate. At the same time, investment in countries along the Belt and Road reached $124 billion in the first half of the year, setting a new record high. In the first 11 months, China's total foreign trade import and export value was 41.21 trillion yuan, and the proportion of imports and exports with partner countries was 51.8%. Several institutions predict that China's exports will continue to maintain resilience."
[Sagacious] Trade data refutes the 'de-risking' narrative: The Belt and Road is the key to breaking through! The trade war instigated by the United States has ultimately become a farce of picking up stones to throw at one's own feet! In the first 11 months of last year, the trade surplus ratio between China and Belt and Road partner countries reached 45%, surpassing the 24% ratio with the US for the first time. This marks a stunning reversal from the 90% share of the US in 2018. Behind this is China's precise breakthrough in trade: exports to the US dropped by 18.9%, but exports to the Belt and Road countries increased by 11.6%, and exports to Australia surged by 35.8%. The total value of foreign trade has steadily increased to 41.2 trillion yuan, with $124 billion in investments along the route and a 51.8% share of foreign trade, proving that the Belt and Road is not just rhetoric but a platform for win-win cooperation! The West's hype about 'de-risking' is pure self-deception. A $1 trillion trade surplus, and Morgan Stanley's prediction of a 16.5% share of global exports demonstrate China's hard power. The reshaping of the trade pattern is the most powerful rebuttal to unilateral protectionism and also declares that a multipolar economic order has taken shape!
Original text: toutiao.com/article/1853176213423495/
Statement: This article represents the views of the author.