Name: 中國如何無視川普關稅，創下貿易順差紀錄？ | DW 新聞 (How China shrugged off Trump’s tariffs to deliver a record trade surplus | DW News)
Uploaded: 2026-01-14T16:54:09.000Z
Duration: 4 min 28 s

China has announced a record trillion dollar trade surplus last year as its exports flood world markets.

中國公佈去年創紀錄的兆美元貿易順差，因為它的出口充斥著全球市場。

轉承詞

And despite Donald Trump's tariffs, China's trade surplus, the value of goods and services it sold abroad compared to that of its imports, reached a staggering $1.19 trillion.

儘管有唐納·川普的關稅，中國的貿易順差，也就是它賣到海外的商品和服務價值與進口價值相比，達到了驚人的 1.19 兆美元。

To counter the impact of the US President's tariffs, China exported elsewhere, including Europe, Southeast Asia and Latin America.

為了應對美國總統關稅的影響，中國將出口轉向其他地方，包括歐洲、東南亞和拉丁美洲。

Well, to break this down for us, we're joined now by Clifford Koonin from DW Business.

好的，為了為我們分析這個情況，我們現在請到 DW商業 的 Clifford Koonin。

Clifford, what does this enormous export surplus tell us about China's economy?

Clifford，這個巨大的出口順差告訴我們中國的經濟狀況如何？

Well, I think it tells us, it tells us a lot about the Chinese economy, that it's a lot more resilient, I think, than people might have imagined.

嗯，我認為這告訴我們很多關於中國經濟的事，它比人們想像的更有韌性。

Part of this whole drive within China is to make itself completely, you know, that people cannot do without China overseas.

中國內部推動的其中一個目標是讓自己變得不可或缺，讓大家離不開中國海外的商品。

And at the same time, it wants to reduce its reliance on what's coming into the economy.

同時，它也想減少對進入經濟的依賴。

So what we see is this very, you know, imports are falling, exports are absolutely booming.

所以我們看到的是，進口正在下降，而出口卻在蓬勃發展。

They're selling all these goods to neighboring countries, they're in some cases dumping goods.

他們把這些商品賣給鄰國，有些情況下還在傾銷商品。

And there's also imbalance within the Chinese economy itself.

中國經濟內部本身也存在失衡。

And this trade surplus is bigger than the Polish economy.

而這個貿易順差比波蘭的經濟體還大。

這顯示了這個數字有多麼龐大。

And also it shows how the whole notion of global trade as we know it has completely been turned on its head over the last couple of years since Donald Trump's trade wars.

而且這也顯示了，自從唐納·川普發動貿易戰以來，我們所知的全球貿易概念，在過去幾年裡是如何被徹底顛覆的。

China appears to have shrugged off the impact of Donald Trump's tariffs.

中國似乎已經擺脫了唐納·川普關稅的影響。

Well, it's interesting now that the US Share of Chinese exports is at its lowest level since 1995.

嗯，有趣的是，中國出口中美國的比例創下了自1995年以來的最低點。

That's more than 30 years, which is an incredible figure given that US China relations and US China trade was so central to global trade.

這超過30年了，考慮到美中關係和美中貿易在全球貿易中如此重要，這確實是一個驚人的數字。

How they did it was by exporting to their neighbors and by, particularly in Southeast Asia, to developing countries in Africa and also to the EU by selling a lot of goods, consumer electronics, e vehicles, into Europe.

他們是怎麼做到的呢？方法是向他們的鄰國出口，特別是在東南亞、非洲的開發中國家，以及向歐盟銷售大量的商品，像是消費電子產品、電動車到歐洲。

Now, while this works short term, it also shows that there are imbalances in the Chinese economy because it's still struggling, because it's got all these issues with unemployment and the property market being very sluggish.

雖然這在短期內奏效，但這也顯示了中國經濟存在失衡，因為它仍在掙扎，面臨著失業和房地產市場非常低迷等問題。

So they managed to do it by basically just pushing all these goods out of the country.

所以他們基本上是把所有這些商品往國外推銷，來達成這個目標。

And it's led to these incredible figures.

Germany's Chancellor Friedrich Matz and Keir Starmer of the uk they're both heading to China for talks with the government there also presumably about trade later this month.

德國總理弗里德里希·馬茨和英國的基爾·斯塔默，他們都將在本月晚些時候前往中國與中國政府進行會談，據推測也是關於貿易的。

Are they expected to raise the issue of China's enormous trade surplus with Chinese leaders?

他們預計會向中國領導人提出中國巨額貿易順差的問題嗎？

I think when you talk to people about these visits, what they're saying is that they will definitely raise it, but

我認為當你和人們談論這些訪問時，他們說的是，他們肯定會提出這個問題，但是

there's a question of how much that melts can do or Starmer can do in the face of these, in the face of such these massive trade imbalances.

面對這麼巨大的貿易失衡，德國總理和英國首相能做多少，這還有待商榷。

At this stage, Germany is particularly exposed because a lot of its industry, its car industry, its chemicals industry, has massive Chinese dependency.

在這個階段，德國的處境尤其艱難，因為它的許多產業，像是汽車業、化學業，都對中國有著極大的依賴。

And if you look at what the US has done, it's really decoupled almost to a certain extent.

如果你看看美國做了什麼，他們在某種程度上幾乎已經實現了脫鉤。

I mean, this is a huge decoupling given that we're going back to 1995, since we're seeing these figures, as we mentioned.

說真的，考量到我們回到了1995年，看到這些數字，這確實是個巨大的脫鉤。

But Germany and other European countries have become very, very dependent on China.

但德國和其他歐洲國家已經變得非常非常依賴中國。

So while they will definitely address this in their, there's a limit to how much they can actually do because ultimately they are now they've become so dependent on China very quickly.

所以雖然他們肯定會在會談中提出這個問題，但他們實際上能做的有限，因為歸根究柢，他們現在已經在很短的時間內變得非常依賴中國了。

What sort of challenges is China likely to face now with its economy this year?

中國經濟今年可能會面臨哪些挑戰？

Well, I think these imbalances that we mentioned are going to be a problem.

嗯，我認為我們剛才提到的這些失衡問題將會是個麻煩。

How is it going to kick start domestic demand, get consumers to start buying things in China?

它要如何啟動國內需求，讓消費者開始在中國購物呢？

I think that's going to be the biggest challenge that it faces this year.

我認為這將是它今年面臨的最大挑戰。

Clifford, thank you very much, Clifford Koonin from DW Business.

Clifford，非常謝謝你，來自DW Business的Clifford Koonin。

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中國如何無視川普關稅，創下貿易順差紀錄？ | DW 新聞 (How China shrugged off Trump’s tariffs to deliver a record trade surplus | DW News)

ultimately

struggle

incredible

massive