中国的3万亿美元外汇储备，会因特朗普的关税政策而面临风险吗

Are China’s $3 Trillion Reserves at Risk from Trump’s Tariffs?

中国的3万亿美元外汇储备会因特朗普的关税政策而面临风险吗？

China's trade with Russia has exploded in the past few years, with total bilateral trade of more than hundreds of billions of dollars.

在过去几年里，中国与俄罗斯的贸易规模大幅增长，双边贸易总额超过了数千亿美元。

以下是外国网友的评论：

wesblood3620
No wonder China is investing 1 Trillion dollars into Canada...
As a Canadian, I rather have Chinese here then people from Alabama or Tennessee...lol.

怪不得中国要向加拿大投资一万亿美元呢

身为加拿大人，比起阿拉巴马州或田纳西州的人，我更愿意看到中国人来这儿投资，哈哈。

jasonariola6363
Good luck Canada

祝加拿大好运。

おす-qz7kp
what part of Canada are you from? Canada is massive I am sure I can find someone with a different point of view

你来自加拿大哪个地区呢？加拿大幅员辽阔，我肯定能找到持不同观点的人。

hasnolnol5043
At risk actually is US not china

实际上，面临风险的是美国，而非中国。

LollipopLop
Then you don’t know anything about economics

那你可真是对经济学一窍不通。

rais1953
If I were in charge of China's reserves I wouldn't want to keep them where any US administration could get its hands on them.

要是我负责管理中国的外汇储备，我可不会把它们放在任何一届美国政府都能轻易染指的地方。

eurko111
Far easier said than done

说起来容易，做起来却难如登天。

rais1953
Yes. They're doing it but it's a gradual process.

没错。他们正在付诸行动，不过这是个循序渐进的过程。

george6696
China do not just trading with America, China trading with the world.

中国可不只与美国做贸易，中国是在和全世界做生意。

rwjazz1299
China doesn't make junk anymore. A lot of what they make is every bit as good as other countries.

中国如今不再生产劣质产品了。中国生产的许多产品，质量完全不逊色于其他国家。

ricklearned1686
China's reserves are not at risk. The US market is a small part of China's exports. They also do not need as much dollar reserves because they have BRICs. The impact of tariffs on Chinese goods just means higher prices for US consumers because the US consumer has no other place to purchase those goods The video did explain the strong growth of exports from China to other countries which means China can easily ride through this bump in the road.

中国的外汇储备并无风险。美国市场在中国的出口份额中只占一小部分。而且，中国是金砖国家之一，也不需要那么多美元储备了。对中国商品征收关税，只会让美国消费者花更多的钱，美国消费者买不到其他替代商品。

中国对其他国家的出口增长强劲，这意味着中国完全能够轻松度过这一难关。

aveh5947
If China doubled the Price of Chinese Exports Goods the World would be screaming

要是中国把出口商品的价格提高一倍，全世界都会叫苦不迭。

BeelP.
Have you considered your narrow focus on just the bilateral trading position between China and the US is badly misplaced? China simply traded more with the rest of the world when its US trade fell. Some of these exports were of raw or semi finished goods from third countries that simply re exported such imports from China to the US after some local processing or assembly.

你有没有想过，仅仅关注中美双边贸易状况，格局是不是太狭隘了呢？当中美贸易下滑时，中国与世界其他国家的贸易额反而增加了。其中一些出口商品，是来自第三国的原材料或半成品，这些国家在经过一些本地加工或组装后，再将从中国进口的商品转出口到美国。

opinion2025bnm
Americans don't understand anything. The billionaires have made their profits by producing cheaply abroad. America is a country of service providers and advertising.

美国人啥都不懂。那些亿万富翁靠在国外廉价生产来获取利润。美国就是一个以服务行业和广告业为主的国家。

kmwong1786
Decline of Chinese export to US? Yes, when you look at direct export to US but indirect to US via Mexco, Vietnam, etc., no.

中国对美国的出口减少了吗？从直接出口到美国的情况来看，是减少了，但通过墨西哥、越南等国间接出口到美国的商品，可并没有减少。

HudSan-i5e
Will be surprised if it at all impacts China as projected or expected by US Tariff program simply because the amount of "Homework" China is known for doing without being Loud, Vociferous, Boisterous & Rambunctious like all its adversaryies particularly USA

如果美国的关税政策真能像他们预计的那样对中国产生影响，那才叫人惊讶呢。毕竟中国向来都是默默做好充分准备，哪像美国，总是大张旗鼓、咋咋呼呼的。

nicksonsicnawa9607
While China declining in export in US, Export to latin america + Asia +Africa +Middle East is increasing

虽然中国对美国的出口在减少，但对拉丁美洲、亚洲、非洲以及中东地区的出口却在增加。

bharathwajkrishnamoothi
USA with trade deficit year after year but still GDP grows, whats fishy there?

美国年年都有贸易逆差，可GDP却还在增长，这里面肯定有猫腻吧？

sardimal4153
GDP Nominal is based on US Dollars. That is why GDP grows. QE or Quantity Easing means they are printing a lot their currency. The best indication of TRUE GDP is by PPP

名义GDP是以美元来计算的。这就是它增长的原因。量化宽松政策意味着他们在大量印钞。而衡量真实国GDP的最佳指标是购买力平价。

robman2095
Nothing. There is no inconsistency at all. A country generating a lot of wealth internally will have an increasing GDP and also be able to fund a trade deficit.

没什么可奇怪的。一个在国内创造大量财富的国家，其GDP会不断增长，而且也有能力弥补贸易逆差。

longcimb
US grows from inflation, internal consumption laden with debts, govt spending, military sales....is this sustainable? You are seeing the chip of the blocks soon

美国的增长靠的是通货膨胀、负债累累的国内消费、政府支出以及军售，这种增长模式能持续下去吗？它的弊端逐渐显现了。

billybobhobnob101
I expect China will start to buy up platinum, palladium, and natural rubber-continue to build out solar nuclear and battery storage- using that energy for data centers and greenhouses.

我预计中国会开始大量购入铂金、钯金以及天然橡胶，继续发展太阳能、核能以及电池储能产业

jacintochua6885
Now China export to US is now just around 11,4 %. of its total trade.

如今，中国对美国的出口额仅占其总贸易额的11.4%左右。

workinghero138
How is US deficit? Is it going down or increasing? Unfortunately It shows US is hurting itself more than hurting others!

美国的贸易逆差情况如何呢？是在减少还是在增加？很遗憾，情况表明美国这是在搬起石头砸自己的脚，对自身的伤害比对其他国家的伤害更大！

DouglasW-m9z
You are still talking about China in 2017 Trump 1.0, China trade with America was at 35-40% trade surplus was 250-300 billions, 2024 total trade with America is less than 15%, yet both the value and surplus exceeded 2017.
China trade surplus in total for 2024 was over 1 trillion dollars, so relatively speaking, America represents 20% of Chinese total trade.
It's a 80/20 principle, keep the 80% or 20%, if the 80% cause no trouble, why bother with the 20%?
The problem is that America corporations could not find alternatives for its market in 2025, of course given time it will. Not during Trump 2.0

你还在拿2017年特朗普刚上任时的情况来说中国。当时，中美贸易中，中国的贸易顺差占比在35%到40%之间，顺差金额在2500亿到3000亿美元。

而到了2024年，中美贸易总额占中国总贸易额的比例已不到15%，然而，贸易额和贸易顺差却都超过了2017年的水平。

2024年，中国的贸易顺差总额超过了1万亿美元。所以相对来说，美国在中国总贸易额中仅占20%。

这就是二八原则，到底是保住那80%还是那20%呢？如果那80%不会带来麻烦，又何必为那20%操心呢？

问题在于，美国企业在2025年找不到替代中国市场的选择，当然假以时日或许能找到。但在特朗普第二任期内是做不到的。

anH-u3f
China doesn't have 3 trillion anymore. It is far less

中国的外汇储备已经不到3万亿美元了，比这个数字少得多。

tevehoe5017
More hurting and isolation to USA than to China in the tariff wars. China can diversifying via BRI on worldwide cooperation and partnership to cushion her damages.. ! The worldwide economy would all drastically shifting around to minimizing the tariffs turmoil.

在关税战中，美国受到的伤害和孤立程度比中国更严重。中国可以通过“一带一路”倡议实现多元化，开展全球合作与伙伴关系，从而减轻自身受到的损害！全球经济格局也会大幅调整，以尽量减少关税动荡带来的影响。

adooDharma
I'm not sure why China's $3 trillion reserves are at risk. Sure, their trade surplus might shrink due to the trade war with the US, but nonetheless it's still a surplus, so they should be able to continue to build their reserves, albeit at a slower pace. Why would a smaller trade surplus hurt their current reserves?

我不明白为什么中国的3万亿美元外汇储备会有风险。当然，由于与美国的贸易战，中国的贸易顺差可能会缩小，但即便如此，依然是顺差，所以他们应该还能继续增加外汇储备，只是速度会慢一些。为什么贸易顺差变小就会影响到现有的外汇储备呢？

ericwong4213
China has average $1 trillions surplus every year in the last decade. The reason they keep it stable $3 trillion in reserve, because they are building the World, buying influence globally. China is always running at different direction. They not taking over any global projects that previously funded by US gov. They started completely new projects under new fund. Meanwhile US gov kept looking back and think they are still ahead as China didn't take over any UN projects that US is doing or dumped.

在过去十年里，中国每年平均有1万亿美元的贸易顺差。中国把外汇储备稳定在3万亿美元左右，是因为他们在建设世界，在全球范围内提升影响力。

中国总是另辟蹊径。他们没有接管任何此前由美国政府资助的全球项目，而是在新的资金支持下开展全新的项目。

与此同时，美国政府还总沉浸在过去的辉煌中，以为自己还领先

delroyMoney-d6g
The world is not ending all of us till after survive Trump is just one man Nissan will shine the rain will fall tomorrow will come don't worry be happy

世界不会毁灭，特朗普不过是一个人罢了。一切都会好起来的，雨会下，明天也会到来。别担心，开心点。

mgauci45
China might have just found 770 tons of gold. That's an estimate, but even half is true they won't have to worry about money anytime soon. They can back their currency with gold.

中国可能刚刚发现了770吨黄金。这只是个估计数字，但即便只有一半是真的，他们短期内也不用担心资金问题了。他们可以用黄金来支撑本国货币。

Rishabh-Dev
We Indians waste 90% of our time fighting within ourselves. Multi culture doing more harm than good to our country. Everybody wants to live like a separate nation. We get united only on few occasions. Cricket, India - Pak and India - China. Other than that we like to behave that each state is different nation.

我们印度人把90%的时间都浪费在内部争斗上了。多元文化对我们国家来说，弊大于利。每个地区都想独立成国。只有在少数情况下我们才会团结起来，比如在板球比赛时，以及涉及印巴、印中关系时。除此之外，我们总是表现得好像每个邦都是一个独立的国家。

michihofer587
Trump's tarrifs will ruin US customers because they'll pay more if they buy everything " made in China or made in Europe "

特朗普的关税政策会让美国消费者吃苦头，以后他们购买“中国制造”或“欧洲制造”的商品，就得多掏钱

TheSUGA1202
Everybody in the Usa and Europe calls it the Chinese miracle when in reality its just hard work mixed with strategies over a long period of time, slowly chip a stone until youve dug a whole through it. China now holds more dollars than the Usa and his former allies combined, that means that in the world the token which the usa considers as value , the dollar, is owned most by china, therefore China is more valuable than the Usa, even if the Usa prints more dollars, it would just make the dollar worthless cause the value of the dollar would decrease and it would decrease the grasp the companies have on people or if it increases, it increases the value of China's imports. I call this grabbing them by the balls.

美国和欧洲的所有人都把这称作“中国奇迹”，但实际上，这不过是长期以来的不懈努力与合理策略相结合的成果，就像一点点地凿石头，直到凿出一个洞来。

如今，中国持有的美元数量比美国及其昔日盟友的总和还要多。这意味着，在世界上，美国所认为有价值的货币——美元，大部分都在中国手里。

因此，中国比美国更有价值。即便美国大量印钞，也只会让美元贬值，因为美元的价值会降低，这会削弱美国企业对民众的掌控力；或者说，如果美元升值，那也会增加中国进口商品的价值。

karenfreeman1601
China calls unpaid mega project assets but unpaid are Liabilities. Bank of constructiion and there othere ithere top Banks have huge Liabilities. loans.

中国把未收回的大型项目资产称为资产，但实际上未收回的部分就是负债。

longcimb
China has divetsified donce 2018...now US import from China only constitite 16 per cent from 30 per cent. Eventually China ecport to US will only be 12 per cent. What is concern is that the chain of events may reduce indirect import from third world country. But i think China is planning to boost internal consumption....we will see

自2018年以来，中国已经实现了贸易多元化。如今，美国从中国的进口额占比已从30%降至16%。最终，中国对美国的出口占比可能会降至12%。令人担忧的是，一系列事件可能会减少来自第三世界国家的间接进口。但我认为中国正计划刺激国内消费，让我们拭目以待吧。

TrangthaiDang-k4z
China going go. Up fast. China. Russian affca . Now USA Elon musk. Canadian, Commonwealth. Then no one is biting china . They’re 1.6. Billion people . Top global economy and industry 50% pucduc

中国发展势头迅猛。中国、俄罗斯、非洲……现在还有美国的埃隆·马斯克，加拿大，英联邦。现在没人能为难中国了。中国有16亿人口，是全球顶级经济体，工业产出占全球的50% 。

ericphua2359
Come April 2025, Trump will put another 10% for China. Another 10% in May 2025 and another 10% in June 2025.

到2025年4月，特朗普会再次对中国商品加征10%的关税。2025年5月还会再加征10%，6月又会加征10%。