{"id":144681,"date":"2025-10-25T13:34:07","date_gmt":"2025-10-25T13:34:07","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/144681\/"},"modified":"2025-10-25T13:34:07","modified_gmt":"2025-10-25T13:34:07","slug":"china-shift-to-higher-end-exports-boosts-margins-mutual-gains-as-us-reliance-dips-report","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/144681\/","title":{"rendered":"China shift to higher-end exports boosts margins, mutual gains as US reliance dips: report"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Flagship Chinese companies, spanning sectors from tech to retail, are increasingly shunning the United States and expanding in less-developed markets such as Southeast Asia, where they can leverage historic low-cost advantages and build out supply chains, a Goldman Sachs strategist said.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Chinese exports to non-US markets have grown at a compound annual rate of about 7.5 per cent since 2018, according to a research note by the investment bank. In contrast, exports to the US have declined by 0.6 per cent annually over the same period.<\/p>\n<p>2018 marked a turning point as trade tensions between Washington and Beijing escalated, prompting Chinese companies to <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3306923\/desperate-sales-chinas-traders-chase-risky-deals-emerging-markets?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">explore new markets<\/a>, China equity portfolio strategist Si Fu said in an interview on Thursday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cOverall, we still see the overseas revenue is still growing,\u201d said Fu, who works in the investment bank\u2019s Global Investment Research Division. \u201cAnd another thing, on products, China has been moving along the value-added curve.\u201d<\/p>\n<p>The manufacturing of toys and textiles, she said, has been replaced by sales of consumer electronics, cars and <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/article\/3322400\/pop-marts-interim-sales-soar-labubu-craze-fuels-chinese-toymakers-record-earnings?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Pop Mart figurines<\/a>.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Facing the US market, she said, \u201cfor many Chinese companies, they had to shift away or diversify their destinations\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"Flagship Chinese companies, spanning sectors from tech to retail, are increasingly shunning the United States and expanding in&hellip;\n","protected":false},"author":2,"featured_media":144682,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[1793,22081,79,26607,83023,381,58132,179,18,8068,20366,19,17,85442,40663,4434,384,6535,2709,5316],"class_list":{"0":"post-144681","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-beijing","9":"tag-belt-and-road-initiative","10":"tag-business","11":"tag-byd","12":"tag-catl","13":"tag-china","14":"tag-chinese-companies","15":"tag-economy","16":"tag-eire","17":"tag-emerging-markets","18":"tag-goldman-sachs","19":"tag-ie","20":"tag-ireland","21":"tag-midea","22":"tag-pop-mart","23":"tag-southeast-asia","24":"tag-united-states","25":"tag-vietnam","26":"tag-washington","27":"tag-xiaomi"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115435068742950322","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/144681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=144681"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/144681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/144682"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=144681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=144681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=144681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}