![\"アングル：トランプ関税は「全方位封じ込め」、内需主導への転換急務の中国\"\/](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/04\/MIVM6AWJ6FMYZHHRHCTVODYAWQ.jpg\")
<\/p>\n<\/p>\n
\uff14\u6708\uff13\u65e5\u3001 \u4e2d\u56fd\u3067\u5c4b\u5916\u7528\u5bb6\u5177\u30e1\u30fc\u30ab\u30fc\u3092\u7d4c\u55b6\u3059\u308b\u30b8\u30f3\u30fb\u30c1\u30e3\u30aa\u30d5\u30a7\u30f3\u3055\u3093\u306f\u3001\u7c73\u56fd\u306e\u95a2\u7a0e\u5f15\u304d\u4e0a\u3052\u306b\u5099\u3048\u3066\u6628\u5e74\uff17\u6708\u306b\u30d9\u30c8\u30ca\u30e0\u306b\u5de5\u5834\u3092\u8a2d\u7acb\u3057\u305f\u304c\u3001\u4eca\u3067\u306f\u3053\u306e\u5de5\u5834\u3092\u9589\u9396\u3059\u308b\u3064\u3082\u308a\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u9999\u6e2f\u3067\uff13\u65e5\u64ae\u5f71\uff08\uff12\uff10\uff12\uff15\u5e74\u3000\u30ed\u30a4\u30bf\u30fc\/Tyrone Siu\uff09<\/p>\n
[\u6771\u839e\uff08\u4e2d\u56fd\u5e83\u6771\u7701\uff09\u3000\uff13\u65e5 \u30ed\u30a4\u30bf\u30fc] – \u4e2d\u56fd\u3067\u5c4b\u5916\u7528\u5bb6\u5177\u30e1\u30fc\u30ab\u30fc\u3092\u7d4c\u55b6\u3059\u308b\u30b8\u30f3\u30fb\u30c1\u30e3\u30aa\u30d5\u30a7\u30f3\u3055\u3093\u306f\u3001\u7c73\u56fd\u306e\u95a2\u7a0e\u5f15\u304d\u4e0a\u3052\u306b\u5099\u3048\u3066\u6628\u5e74\uff17\u6708\u306b\u30d9\u30c8\u30ca\u30e0\u306b\u5de5\u5834\u3092\u8a2d\u7acb\u3057\u305f\u304c\u3001\u4eca\u3067\u306f\u3053\u306e\u5de5\u5834\u3092\u9589\u9396\u3059\u308b\u3064\u3082\u308a\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u30c8\u30e9\u30f3\u30d7\u7c73\u653f\u6a29\u304c\u4e2d\u56fd\u3070\u304b\u308a\u304b\u30d9\u30c8\u30ca\u30e0\u306a\u3069\u591a\u304f\u306e\u56fd\u306b\u9ad8\u3044\u95a2\u7a0e\u3092\u8ab2\u3057\u305f\u305f\u3081\u3060\u3002<\/p>\n
\u300c\u3053\u308c\u307e\u3067\u306e\u52aa\u529b\u304c\u5168\u3066\u6c34\u306e\u6ce1\u306b\u306a\u3063\u305f\u300d\u3068\u8a9e\u308b\u30b8\u30f3\u3055\u3093\u306f\u3001\u8f38\u51fa\u4e8b\u696d\u306f\u9700\u8981\u4e0d\u8db3\u306b\u82e6\u3057\u3080\u56fd\u5185\u5e02\u5834\u3068\u540c\u3058\u3088\u3046\u306b\u300c\u975e\u5e38\u306b\u5229\u76ca\u306e\u8584\u3044\u300d\u30d3\u30b8\u30cd\u30b9\u306b\u306a\u308a\u305d\u3046\u3060\u3068\u4e0d\u5b89\u3092\u96a0\u305b\u306a\u3044\u3002<\/p>\n
\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u306f\u3001\u5bfe\u7c73\u8f38\u51fa\u304c\u5e74\uff14\uff10\uff10\uff10\u5104\u30c9\u30eb\u5f37\u3068\u4e16\u754c\u6700\u5927\u306e\u4e2d\u56fd\u306b\uff13\uff14\uff05\u306e\u76f8\u4e92\u95a2\u7a0e\u3092\u4e0a\u4e57\u305b\u3059\u308b\u3068\u767a\u8868\u3002\u4e2d\u56fd\u306e\u8f38\u51fa\u696d\u8005\u304c\u8cbf\u6613\u6226\u4e89\u306e\u5f71\u97ff\u3092\u548c\u3089\u3052\u308b\u305f\u3081\u306b\u63a1\u3063\u3066\u304d\u305f\uff12\u3064\u306e\u4e3b\u8981\u306a\u6226\u7565\u2015\u2015\u751f\u7523\u306e\u4e00\u90e8\u6d77\u5916\u79fb\u8ee2\u3068\u7c73\u4ee5\u5916\u306e\u5e02\u5834\u306e\u8ca9\u58f2\u3066\u3053\u5165\u308c\u2015\u2015\u306e\u6839\u5e79\u304c\u76f4\u6483\u3092\u53d7\u3051\u305f\u3002<\/p>\n
\u7c73\u76f8\u4e92\u95a2\u7a0e\u306f\u4e16\u754c\u7684\u306a\u9700\u8981\u306b\u9577\u671f\u7684\u306a\u6253\u6483\u3092\u4e0e\u3048\u308b\u6050\u308c\u3042\u308b\u3002\u4e2d\u56fd\u306f\u7d4c\u6e08\u6210\u9577\u3092\u8f38\u51fa\u306b\u4f9d\u5b58\u3057\u3066\u3044\u308b\u3060\u3051\u306b\u3001\u4ed6\u306e\u3069\u306e\u56fd\u3088\u308a\u3082\u8cbf\u6613\u7e2e\u5c0f\u306e\u30ea\u30b9\u30af\u304c\u5927\u304d\u3044\u3002\u958b\u6e90\u8a3c\u5238\u306f\u7c73\u76f8\u4e92\u95a2\u7a0e\u306b\u3088\u3063\u3066\u4e2d\u56fd\u306f\u5bfe\u7c73\u8f38\u51fa\u304c\uff13\uff10\uff05\u3001\u8f38\u51fa\u5168\u4f53\u304c\uff14\uff0e\uff15\uff05\u4ee5\u4e0a\u305d\u308c\u305e\u308c\u6e1b\u5c11\u3057\u3001\u7d4c\u6e08\u6210\u9577\u304c\uff11\uff0e\uff13\uff05\u30dd\u30a4\u30f3\u30c8\u62bc\u3057\u4e0b\u3052\u3089\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u8a66\u7b97\u3057\u305f\u3002<\/p>\n
\u300c\u3053\u308c\u306f\u4e2d\u56fd\u306b\u5bfe\u3059\u308b\u5168\u65b9\u4f4d\u7684\u306a\u5c01\u3058\u8fbc\u3081\u3060\u300d\u3068\u3001\u7027\u6ed4\u8cc7\u7523\uff08\u30a6\u30a9\u30fc\u30bf\u30fc\u30fb\u30a6\u30a3\u30ba\u30c0\u30e0\u30fb\u30a2\u30bb\u30c3\u30c8\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\uff09\u306e\u30e6\u30a2\u30f3\u30fb\u30e6\u30a6\u30a7\u30a4\u6c0f\u306f\u6307\u6458\u3002\u4e2d\u56fd\u682a\u3068\u9999\u6e2f\u682a\u306b\u3064\u3044\u3066\u306f\u30b7\u30e7\u30fc\u30c8\u30dd\u30b8\u30b7\u30e7\u30f3\u306b\u3057\u3001\u91d1\u306f\u5f37\u6c17\u898b\u901a\u3057\u3060\u3068\u8a71\u3057\u305f\u3002 <\/p>\n
\u4e2d\u56fd\u30e1\u30fc\u30ab\u30fc\u306e\u591a\u304f\u306f\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u6628\u5e74\uff11\uff11\u6708\u306e\u9078\u6319\u3067\u52dd\u5229\u3059\u308b\u524d\u304b\u3089\u6771\u5357\u30a2\u30b8\u30a2\u306a\u3069\u306b\u751f\u7523\u62e0\u70b9\u3092\u79fb\u3057\u59cb\u3081\u3066\u3044\u305f\u3002\u3057\u304b\u3057\u76f8\u4e92\u95a2\u7a0e\u306e\u7a0e\u7387\u306f\u30d9\u30c8\u30ca\u30e0\u304c\uff14\uff16\uff05\u3001\u30bf\u30a4\u304c\uff13\uff16\uff05\u3067\u3001\u305d\u306e\u4ed6\u306e\u56fd\u3067\u3082\u6700\u4f4e\uff11\uff10\uff05\u306b\u8a2d\u5b9a\u3055\u308c\u305f\u3002<\/p>\n
\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\uff12\u6708\u3068\uff13\u6708\u306b\u5bfe\u4e2d\u95a2\u7a0e\u3092\uff12\uff10\uff05\u5f15\u304d\u4e0a\u3052\u305f\u969b\u306b\u4e2d\u56fd\u30e1\u30fc\u30ab\u30fc\u306e\u55b6\u696d\u30c1\u30fc\u30e0\u306f\u30a2\u30b8\u30a2\u3001\u4e2d\u5357\u7c73\u306a\u3069\u3067\u65b0\u305f\u306a\u8f38\u51fa\u5e02\u5834\u306e\u7372\u5f97\u7af6\u4e89\u3092\u7e70\u308a\u5e83\u3052\u305f\u3002\u3057\u304b\u3057\u3053\u3046\u3057\u305f\u7d4c\u6e08\u570f\u3082\u76f8\u4e92\u95a2\u7a0e\u306e\u5f71\u97ff\u306b\u3055\u3089\u3055\u308c\u3001\u8cfc\u8cb7\u529b\u304c\u4f4e\u4e0b\u3057\u3066\u4e2d\u56fd\u88fd\u54c1\u306e\u9700\u8981\u304c\u6e1b\u9000\u3059\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u307e\u3063\u3066\u3044\u308b\u3002<\/p>\n
![\"Share](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/02\/graphic.jpg\")
Share of select countries in China’s exports<\/p>\n
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\u4e2d\u56fd\u3067\u306f\u5916\u9700\u306e\u885d\u6483\u304c\u56fd\u5185\u306b\u3082\u6ce2\u53ca\u3057\u3001\u751f\u7523\u8005\u306f\u30b3\u30b9\u30c8\u524a\u6e1b\u5727\u529b\u306b\u3055\u3089\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n
\u4e2d\u56fd\u3067\u92f3\u9244\u88fd\u30d0\u30b9\u30bf\u30d6\u88fd\u9020\u5de5\u5834\u3092\u7d4c\u55b6\u3059\u308b\u30b8\u30a7\u30ea\u30fc\u30fb\u30b8\u30e3\u30aa\u6c0f\u306f\u65e2\u306b\u300c\u5f93\u696d\u54e1\u306e\u4e00\u90e8\u3092\u89e3\u96c7\u3057\u3001\u7ba1\u7406\u30b3\u30b9\u30c8\u3092\u524a\u6e1b\u3057\u306a\u304c\u3089\u3001\u3055\u307e\u3056\u307e\u306a\u652f\u51fa\u3092\u6291\u3048\u3066\u3044\u308b\u300d<\/p>\n
\u5e83\u5dde\u306b\u3042\u308b\u8863\u6599\u54c1\u5de5\u5834\u306e\u8cac\u4efb\u8005\u3001\u30ea\u30fc\u30fb\u30b8\u30e3\u30aa\u30ed\u30f3\u6c0f\u3082\u56fd\u5185\u53d7\u6ce8\u306b\u983c\u308b\u5fc5\u8981\u304c\u3042\u308b\u3068\u3057\u3064\u3064\u3001\u9700\u8981\u306e\u4f4e\u8ff7\u3092\u61f8\u5ff5\u3002\u300c\u4ee5\u524d\u306f\uff11\u4eba\u3067\uff11\u3064\u306e\u30b1\u30fc\u30ad\u3092\u98df\u3079\u3066\u3044\u305f\u304c\u3001\u4eca\u306f\uff15\u4eba\u304c\u6b32\u3057\u304c\u308b\u72b6\u614b\u300d\u3060\u3068\u3044\u3046\u3002<\/p>\n
![\"The](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/02\/1739669678_288_chart.png\")
The line chart shows China’s export volume index and export price index<\/p>\n
\uff1c\u8cbf\u6613\u969c\u58c1\u9ad8\u307e\u308b\u30ea\u30b9\u30af\uff1e<\/p>\n
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\u4e2d\u56fd\u306e\u8cbf\u6613\u653f\u7b56\u9867\u554f\u306f\u300c\u308f\u308c\u308f\u308c\u306f\u5f15\u304d\u7d9a\u304d\u8f38\u51fa\u5e02\u5834\u306e\u591a\u69d8\u5316\u3092\u9032\u3081\u3064\u3064\u3001\u8f38\u51fa\u3092\u652f\u63f4\u3057\u3001\u4f01\u696d\u304c\u56fd\u5185\u8ca9\u58f2\u306b\u3082\u3063\u3068\u6ce8\u529b\u3059\u308b\u3088\u3046\u4fc3\u3059\u5fc5\u8981\u304c\u3042\u308b\u300d\u3068\u8ff0\u3079\u305f\u4e0a\u3067\u300c\u5168\u4e16\u754c\u304c\u4e0d\u6cc1\u306b\u9665\u308b\u30ea\u30b9\u30af\u306f\u73fe\u5b9f\u306e\u3082\u306e\u3060\u300d\u3068\u8b66\u6212\u611f\u3092\u793a\u3057\u305f\u3002<\/p>\n
\u4e2d\u56fd\u306b\u3068\u3063\u3066\u3082\u3046\uff11\u3064\u306e\u30ea\u30b9\u30af\u306f\u8cbf\u6613\u76f8\u624b\u56fd\u304c\u3001\u4e2d\u56fd\u306e\u8f38\u51fa\u696d\u8005\u304c\u4fa1\u683c\u7af6\u4e89\u3092\u5f37\u3081\u3066\u3044\u308b\u3068\u53d7\u3051\u6b62\u3081\u3001\u81ea\u56fd\u7523\u696d\u4fdd\u8b77\u306e\u305f\u3081\u306b\u8cbf\u6613\u969c\u58c1\u3092\u8a2d\u3051\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u307e\u308b\u3053\u3068\u3002\uff33\uff06\uff30\u30b0\u30ed\u30fc\u30d0\u30eb\u306e\u30a2\u30b8\u30a2\u62c5\u5f53\u30c1\u30fc\u30d5\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u3001\u30eb\u30a4\u30fb\u30af\u30a4\u30fc\u30ba\u6c0f\u306b\u3088\u308b\u3068\u300c\u3053\u308c\u306f\u6b27\u5dde\u3060\u3051\u3067\u306a\u304f\u591a\u304f\u306e\u65b0\u8208\u5e02\u5834\u56fd\u306b\u3082\u5f53\u3066\u306f\u307e\u308b\u300d\u3068\u3044\u3046\u3002<\/p>\n
\u3055\u3089\u306b\u4e2d\u56fd\u306e\u5bfe\u5916\u8cbf\u6613\u3066\u3053\u5165\u308c\u7b56\u306b\u3068\u3063\u3066\u56fd\u5185\u8981\u56e0\u3082\u8ab2\u984c\u306b\u306a\u308b\u3002\u591a\u304f\u306e\u30a2\u30ca\u30ea\u30b9\u30c8\u306f\u3001\u4e2d\u56fd\u306e\u8f38\u51fa\u529b\u306f\u653f\u5e9c\u653f\u7b56\u306b\u3088\u3063\u3066\u5bb6\u8a08\u304c\u4e0d\u5229\u306a\u7acb\u5834\u306b\u7f6e\u304b\u308c\u3066\u304d\u305f\u7d50\u679c\u3067\u3082\u3042\u308a\u3001\u305d\u308c\u304c\u88fd\u9020\u696d\u306e\u751f\u7523\u80fd\u529b\u904e\u5270\u3001\u4f4e\u8abf\u306a\u56fd\u5185\u6d88\u8cbb\u3001\u7121\u99c4\u306a\u30a4\u30f3\u30d5\u30e9\u5efa\u8a2d\u306a\u3069\u306e\u4e0d\u5747\u8861\u3092\u62db\u3044\u305f\u3068\u6307\u6458\u3057\u3066\u3044\u308b\u3002<\/p>\n
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![\"The](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/04\/1743779544_670_chart.png\")
The line chart shows China’s GDP deflator.<\/p>\n
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![\"China's](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/04\/1743779546_47_graphic.jpg\")
China’s economic indicators China consumption vs investment<\/p>\n
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![](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/04\/https:\/\/s3.amazonaws.com\/arc-authors\/reuters\/b3e1bc37-4753-4ed1-a903-30236dd938b4.png\"\/)
<\/p>\n
Casey has reported on China’s consumer culture from her base in Shanghai for more than a decade, covering what Chinese consumers are buying, and the broader social and economic trends driving those consumption trends. The Australian-born journalist has lived in China since 2007.<\/p>\n","protected":false},"excerpt":{"rendered":"
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