<p>➀ China's exports to the U.S. fell by 33% year-over-year in August 2025, marking one of the steepest declines in years, alongside a similar 34% drop in May; </p><p>➁ Despite the U.S. remaining China's largest export market, China has increased shipments to the EU and ASEAN countries (e.g., Indonesia, Malaysia, Thailand, Vietnam), driving an overall 4.4% YoY rise in total exports; </p><p>➂ The shift highlights China's strategic trade diversification amid geopolitical and economic tensions with the U.S.</p>