Your attention is my accelerant, pay attention to it, learn more about finance, learn about finance, and understand finance.
The 2023 external data reveals a surprising fact: while the United States and Europe continue to decline, China and Russia have shown a significant increase. According to the data of the General Administration of Customs of China, the bilateral ** amount between China and Russia will reach 16,915 in 2023900 million yuan, an increase of 32 percent year-on-year7%。Specifically, the amount of goods imported from Russia was 909.3 billion yuan, a year-on-year increase of 186%, and the amount of goods imported by Russia from China was as high as 782.3 billion yuan, a year-on-year increase of 539%。
china'stradeperformancein2023hasrevealedasurprisingcontrast:whiletradewiththeusandeuropecontinuestodecline,china'stradewithrussiahasseensignificantgrowth.accordingtodatafromchinacustoms,bilateraltradebetweenchinaandrussiain2023reached1.69159trillionyuan,ayear-on-yearincreaseof32.7%.inparticular,china'simportsfromrussiaamountedto909.3billionyuan,anincreaseof18.6%comparedtothepreviousyear,whilerussia'simportsfromchinareachedastaggering782.3billionyuan,ayear-on-yearincreaseof53.9%.
The decline in the United States and the European Union** is not accidental, but is related to the ongoing "decoupling" strategy pursued by the United States and the European Union. During Trump's tenure, he imposed tariffs on Chinese goods many times, and after Biden took office, although he did not make a clear statement, he is still implementing the policy of "decoupling, de-risking, and moving the ** chain from China". These measures triggered a decline in demand for Chinese goods in the US and European markets. According to data from the General Administration of Customs, the bilateral ** amount between China and the United States will drop to 46,726 in 2023700 million yuan, a year-on-year decrease of 66%, of which the amount of goods imported by the United States to China fell by 81%。
thedeclineintradebetweentheusandeuropeandchinaisnotcoincidental,butratheraresultoftheongoing"decoupling"strategiespursuedbytheusandtheeu.duringthetrumpadministration,tariffswereimposedonchinesegoodsonmultipleoccasions,andwhilethebidenadministrationhasnotexplicitlystateditsposition,itcontinuestoimplementpoliciesaimedat"decoupling,reducingrisks,andrelocatingsupplychainsawayfromchina."thesemeasuresh**eledtoadecreaseindemandforchinesegoodsintheusandeuropeanmarkets.accordingtodatafromchinacustoms,bilateraltradebetweenchinaandtheusin2023declinedto4.67267trillionyuan,adecreaseof6.6%comparedtothepreviousyear,withusimportsfromchinadecliningby8.1%.
Similarly, there has been a decline between China and the EU. In 2023, the bilateral** amount between China and the EU will be 55 trillion yuan, down 1 from the previous year9%。Specifically, the value of China's exports to the EU decreased by 5 percent year-on-year3%, while the amount of goods imported by China from the EU increased by 4 year-on-year6%。It can be said that from the perspective of demand for Chinese goods alone, the United States and the European Union each decreased by 81% and 53%。When the depreciation of the renminbi exchange rate is taken into account, the decline in US dollar terms has reached double digits.
similarly,tradebetweenchinaandtheeuhasalsodeclined.in2023,bilateraltradebetweenchinaandtheeuamountedto5.5trillionyuan,adecreaseof1.9%comparedtothepreviousyear.specifically,china'sexportstotheeudecreasedby5.3%year-on-year,whileimportsfromtheeuincreasedby4.6%.itcanbesaidthatintermsofdemandforchinesegoods,theusandtheeuh**ereducedtheirimportsby8.1%and5.3%respectively.whenconsideringthedepreciationoftheyuan,thedeclineintrademeasuredinusdollarsreachesdoubledigits.
In response to the problem of the reduction of the United States and Europe, some people have criticized China, believing that China should assume more responsibility. However, this view of blaming China is an argument of reversing cause and effect, and the thief shouting to catch the thief, which is a typical propaganda strategy of the United States and Europe. In fact, it is the United States and Europe that have gradually reduced the demand for Chinese goods under the policy of advocating "decoupling", which has contributed to the decline of **.
For China, although the importance of the US and European markets cannot be ignored, China does not depend on them. China has intended to expand cooperation with other partners, especially the Belt and Road countries, and will continue to promote liberalization and economic globalization. In China's eyes, the world is so vast and vast, and the US and European markets are only part of it.
The rapid growth of China and Russia** in 2023 undoubtedly brings many opportunities for both countries, but also faces some challenges. As China gradually becomes the world's second largest economy, the international market is also facing more competition and risks. At the same time, Russia, as a resource-based country, has an economy that is highly dependent on energy exports. The growth between China and Russia has been mainly due to cooperation in the energy sector, especially oil and gas imports. Russia is China's largest oil country and second largest natural gas country, and there is great potential for energy cooperation between the two countries against the backdrop of China's growing demand for energy.
However, the Russian economy is largely dependent on energy exports, which also makes it vulnerable to fluctuations in the global energy market. As a result, the growth of China and Russia has benefited not only from the cooperation between the two sides, but also from the global economic situation and the energy market.
While promoting the development of the country with Russia, China also needs to carefully respond to potential challenges. Tensions between Russia and Western countries could lead to some ** barriers and political risks. In addition, Russia's economic structure is single and its dependence on energy is high, which also brings certain risks to China and Russia.
In order to ensure stable development with Russia, China needs to continue to strengthen political and economic cooperation with Russia and broaden the diversification of fields. At the same time, China should also strengthen cooperation with other leading partners to reduce its dependence on a single country or region to cope with the uncertainty of the global economy.
In short, the growth of China and Russia in 2023 is in stark contrast to the decrease in the United States and Europe. This phenomenon not only reflects the changes in the global pattern, but also the inevitable result of China's promotion of liberalization and economic globalization. For China, the decline in the US and European markets should not be an obstacle to its development, but should be stabilized by strengthening cooperation with other partners. At the same time, the growth of China and Russia has brought both opportunities and challenges to the two countries, and it is necessary to strengthen communication and risk management on the basis of cooperation to promote the sustainable development of China.
If you like it, you can follow me, share financial advice regularly, and talk to you about financial topics.