China trade beats expectations amid geopolitical risks

Officials say trade performance exceeded expectations in early 2026 but warn of instability from global conflicts. Beijing aims for more balanced trade growth.

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China reported that its trade performance at the beginning of 2026 has exceeded expectations, building on the momentum seen at the end of the previous year. However, officials cautioned on Friday that intensifying geopolitical shocks are creating fresh uncertainties for global supply chains and exporters. The announcement follows Beijing's decision to set a growth target of 4.5% to 5% for 2026, a slight decrease from the 5% target of the previous year.

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang
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