Chinese exports rise up to 200% more than the US, Europe, and Japan, Yuan Currency : China Business

Recently, China has started sending almost 150% of its exports to every country in the world, due to which the value of Chinese exports has increased by almost 200%. China’s exports have become the biggest headache not only for the US but also for India, Japan, South Korea, Russia, and Europe. Because according to recent new data, it has been said that the US was the world’s largest export since 2000, and now China is going to take that place. Because of this, there is a continuous boycott of Chinese products but the Chinese supply chain is still growing, which is quite profitable for China and Chinese companies. The values ​​of not only Chinese exports but also Chinese yuan, Chinese companies, and partnerships are increasing. Because in the last 10 years, the total value of Chinese exports has almost increased to $4 trillion USD due to which China is the biggest exporter and is increasing the values ​​of its exports in every corner of the world. Secondly, China exports in every field of Defense, Agriculture, Food, Medicines, Electrical machinery, Machinery, Furniture, bedding, lighting, signs, fabricated buildings, Plastics, plastic articles, and Vehicles. And now Chinese exports are also getting huge benefits due to BRICS, Russia–Ukraine, and Israel Gaza War.

Why Chinese Yuan will Become the International Currency, Chinese exports rise, and the Economy of China in 2025?

Currently, China’s biggest exports are Electrical machinery and equipment which is around 25% of total exports, and Machinery including computers is also around 12% of total exports which is the biggest exports in the world. Apart from this, China’s VAT, Sales, Export, And Import Duty tax is almost zero in comparison to that, which is very important for any country to increase Chinese imports. Due to this the trade war between US and China keeps on increasing, which also means that China’s exports can be stopped by any means possible. On the other hand, the US, Russia, and China are fighting one another so that they remain superpowers in the world. But now China has captured almost 60% of the American and global sectors. Now BRICS group can become the biggest opportunity for China to take on the G7 and G20 as well as the European Union. So now the way China is increasing its exports, it does not seem that US sanctions and import duty tax will have much impact on China. But BRICS is China’s biggest option which can accept the Chinese Yuan in about 75% of the countries of the world in the future.