China's Export Strategy Shifts Towards Africa Amid US Trade Decline
China's exports have rebounded, with a 5.9% increase in November, despite a significant decline in trade with the United States. This growth is attributed to increased shipments to developing markets, including Africa, Southeast Asia, and Latin America. The shift comes as Chinese exports to the US fell nearly 29% from the previous year, marking the eighth consecutive month of double-digit declines. The recent trade truce between the US and China, which includes tariff reductions and the suspension of export controls on rare earths, has provided some optimism. However, analysts warn that the benefits may be limited, and overall trade growth could remain modest. 
