The International Monetary Fund found that the Chinese yuan is significantly undervalued, with Goldman Sachs estimating that the value of the currency is 25 percent below what is expected.

Fact of the Week: The Chinese Yuan Is 25 Percent Undervalued

China’s trade surplus has grown from $993 billion in 2024 to $1.08 trillion in the first 11 months of 2025, making it the first country in recorded history to reach the $1 trillion milestone.

Fact of the Week: China’s Trade Surplus in Goods Surpassed $1 Trillion in the First 11 Months of 2025

Fact of the Week: China's Trade Surplus in Goods Surpassed $1 Trillion in the First 11 Months of 2025

A recent article suggests that while the tariffs may have decreased Chinese imports to the United States, Chinese imports also increased in other major U.S. trading partners.

Fact of the Week: China’s Share of US Goods Imports Has Fallen by 8 Percentage Points Since the 2018–2019 Tariff Hikes

Fact of the Week: China's Share of US Goods Imports Has Fallen by 8 Percentage Points Since the 2018–2019 Tariff Hikes

The ICE U.S. Dollar Index, which measures the value of the dollar against a basket of other global currencies, increased 19.6 percent over the last 12 months and is at its highest level since May 2002. 

Fact of the Week: The US Dollar Is Up Almost 20% Relative to Other Major Currencies Over the Last Year

A study finds that over 99 percent of a sample of 5,260 listed Chinese firms received government subsidies totaling €35.3 billion in 2022, double the amount from 2015.

Fact of the Week: More Than 99 Percent of Listed Firms in China Receive Direct Subsidies From the Chinese Government

The fall in the value-added of foreign inputs as a share of China’s gross exports reflects an increased reliance on domestic production of intermediate goods and services and a shift toward production for domestic consumption.

Fact of the Week: Foreign-Produced Content of Chinese Exports Fell From 21.9 Percent in 2008 to 17.2 Percent in 2018

In the World Trade Organization’s (WTO) “Global Trade Outlook and Statistics Report for 2025,” the WTO predicts that global merchandise trade will decline by 0.2 percentage points.

Fact of the Week: World Merchandise Trade Is Projected To Fall by 0.2 Percent in 2025

Economic espionage represents a significant threat to the technological advantage of innovative companies, especially in high-tech sectors, where trade secrets are often worth billions of dollars. According to the Justice Department, China is by far the largest source of economic espionage, much of which is government-backed.

Fact of the Week: More Than 90 Percent of US Economic Espionage Prosecutions Involve China

Until the last decade, major nations primarily provided financing to domestic exporters only as a lender of last resort. Since then, official medium- and long-term export crediting has more than doubled from $55 billion in 2008 to $129 billion in 2018.

Fact of the Week: Chinese Currency Manipulation May Be Driving the Trade Surplus Between China and Europe

Related

Fact of the Week: The Chinese Yuan Is 25 Percent Undervalued

Fact of the Week: China’s Trade Surplus in Goods Surpassed $1 Trillion in the First 11 Months of 2025

Fact of the Week: China’s Share of US Goods Imports Has Fallen by 8 Percentage Points Since the 2018–2019 Tariff Hikes