China’s trade surplus is triggering global unease — and India could emerge a winner
China’s record trade surplus and relentless export surge are increasingly unsettling governments and manufacturers across the world, triggering a broader rethink of supply-chain dependence on Beijing — a shift that could create a rare long-term manufacturing opportunity for India.
The issue came into sharper focus this week at the Asia-Pacific Economic Cooperation (APEC) trade ministers’ meeting in Suzhou, China, where policymakers and trade officials debated rising trade imbalances, industrial overcapacity and the risks of excessive dependence on Chinese supply chains amid worsening geopolitical tensions. Concerns over cheap Chinese exports undercutting manufacturers in other economies and distorting global trade flows featured prominently in the discussions.
