Guangdong Stalls as US-China Trade Tensions Impact Economic Growth

Guangdong, once a powerhouse of the Chinese economy, is grappling with slowing growth amidst persistent trade tensions between the United States and China. The province’s economic engine has been increasingly strained by these pressures, evidenced by closed factories and quiet streets reflecting a broader slowdown across southern China. While exports remain significant at almost $821 billion last year, Guangdong’s exposure to higher tariffs continues to impact its performance.