中国宏观追踪：加大对民生的支持

China Macro Tracker Economics How severe has the hit from trade tariffs been and will it improve? May trade data showed a deeper fall in China's exports to the US despite the reciprocal tariff pause, driven by factors such as timing, inventory digestion and shipment availability (China trade, 9 June). However, high-frequency data showed that China's container exports to the US have started to rebound since end-May, moving closer to the pre-tariff average levels in early June (Chart 21). This suggests we may ...