Xi Is Making the World Pay for China’s Economic Blunders

Last updated: February 18, 2025 6:00 am

1 Min Read

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Opinion | Xi Is Making the World Pay for China’s Mistakes

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China’s growing trade surplus in manufactured goods The value of China’s trade surplus in manufactured goods now dwarfs that of the export champions of the 1990s.

Sources: Brad Setser, Council on Foreign Relations; Volkmar Baur

Note: Data for China is available beginning in 1994. Data for Germany and Japan is available through 2023.

Why is Mr. Xi doing this? To make up for the Chinese government’s mismanagement of its domestic economy.

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