2025-11-07
8 分钟This BBC podcast is supported by ads outside the UK.
One of the world's biggest shippers says China's exports are holding up despite tariffs.
It's world business expressed from the BBC World Service.
I'm Leanna Byrne.
The used trade chief pays a visit to New Delhi and US flights are cut thanks to the shutdown.
Yes, one of the world's biggest shipping companies,
Merck has reported stronger than expected results and says China's exports remain buoyant despite ongoing trade tensions with the United States.
Merck's chief executive, Vincent Clerk, has been speaking to my colleague, Will Bain.
What we've seen already
since the end of 2023 is the exporting machine from China gaining pace and seeing significant growth across all of its trading regions.
Really, whether it is Latin America, Middle East, Europe or North America, we've seen that growth.
We've seen most growth even into the other Asian countries.
So a very, very broad-based growth from China,
a market that for the last eight quarters has kept on surprising by its resilience despite some of the changes,
including some of the ones that happened during the this year,
we see a market that is growing around 4% this year, but China is going to grow 11%,
which when you think about the base and the size that China has, 11% is an astounding number.
And it was already the case last year.
What is the situation right now,
particularly in the Red Sea with Hootie rebels firing on shipping through that area because of what's been going on in the Middle East?