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Cover Story: Why Is China’s Powerful Export Engine Losing Steam?

By Qu Yunxu, Yang Jinxi, Bai Yujie, Zhang Bingsong and Han Wei
2022年05月10日 16:28
Widespread pandemic lockdowns disrupt production and logistics, threatening global supply chain restructuring away from China
According to the General Administration of Customs, China’s total trade in goods rose 10.7% to 9.42 trillion yuan in the first quarter, including a 13.4% increase in exports and a 7.5% rise in imports

Shanghai businessman Du Chuankui has been stuck at home for more than a month as the city locked down most of its 25 million people since late March to contain Covid-19. After nearly 20 years in the export industry, Du is now anxious about the future of his business.

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