China's growth as a regional hegemon in Asia
Tracking China's trade scale, dependence of key Asian partners, currency influence, and regional equity market signals.
Last updated: Apr 2, 2026, 11:24 PM
China Trade Scale
China Merchandise Exports
China Trade Scale
Total goods shipped to the world — the engine of regional economic dependence.
$323.79B
+$55.91B vs 5Y ago
Level
YoY %
+5.26 %
China Merchandise Imports
China Trade Scale
What China buys from the world — the demand that binds Asian exporters to Beijing.
$221.27B
$-9.01B vs 5Y ago
Level
YoY %
+3.07 %
China Trade Balance
China Trade Scale
Net exports — a persistent surplus reflects manufacturing dominance over the region.
$102.53B
+$64.92B vs 5Y ago
Level
YoY %
+10.32 %
China Share of World Exports
China Trade Scale
China's rising share of global merchandise trade — the broadest measure of trade centrality.
0.17share
-0.01 share vs 5Y ago
Level
YoY %
-6.96 %
Regional Trade Partners
Japan Merchandise Exports
Regional Trade Partners
Japan's export volume — China is Japan's largest trading partner, making this a dependence signal.
$67.54B
+$3.92B vs 5Y ago
Level
YoY %
+15.92 %
South Korea Merchandise Exports
Regional Trade Partners
Korea's export economy is heavily tied to Chinese demand for semiconductors and components.
$71.34B
+$20.16B vs 5Y ago
Level
YoY %
+32.23 %
Australia Merchandise Exports
Regional Trade Partners
Australia's commodity exports are dominated by Chinese demand for iron ore and LNG.
$29.19B
+$89.01M vs 5Y ago
Level
YoY %
+9.25 %
India Merchandise Exports
Regional Trade Partners
India's export growth — the main regional counterweight to China's economic gravity.
$36.98B
+$4.40B vs 5Y ago
Level
YoY %
+0.38 %
Currency Influence
USD/CNY Exchange Rate
Currency Influence
Yuan strength signals Beijing's confidence and willingness to project financial influence regionally.
6.91CNY/USD
+0.35 CNY/USD vs 5Y ago
Level
Change (pp)
-0.35 pp
USD/JPY Exchange Rate
Currency Influence
Yen weakness against the dollar compounds Japan's relative decline versus China.
160.2JPY/USD
+49.49 JPY/USD vs 5Y ago
Level
Change (pp)
+9.90 pp
USD/KRW Exchange Rate
Currency Influence
Won moves track Korean export competitiveness and capital flow sensitivity to China.
1.51kKRW/USD
+382.6 KRW/USD vs 5Y ago
Level
Change (pp)
+40.66 pp
USD/INR Exchange Rate
Currency Influence
Rupee stability signals India's ability to maintain an independent monetary path from China.
94.83INR/USD
+21.46 INR/USD vs 5Y ago
Level
Change (pp)
+9.32 pp
Regional Equity Markets
iShares China Large-Cap (FXI)
Regional Equity Markets
Market pricing of Chinese corporate power — the benchmark for regional equity comparison.
$35.56
$-6.83 vs 5Y ago
Level
YoY %
+3.50 %
iShares MSCI Japan (EWJ)
Regional Equity Markets
Japan's equity market — tracks whether Japan is keeping pace or falling behind China.
$85.29
+$23.27 vs 5Y ago
Level
YoY %
+36.37 %
iShares MSCI South Korea (EWY)
Regional Equity Markets
Korea's equity market — highly correlated with Chinese demand and semiconductor cycles.
$122.9
+$40.14 vs 5Y ago
Level
YoY %
+136.41 %
iShares MSCI India (INDA)
Regional Equity Markets
India's equity market — the main alternative growth story to China in the region.
$46.65
+$7.61 vs 5Y ago
Level
YoY %
-8.85 %