Is there even one secondary source confirming this figure? The number of Western newspapers printing this as fact, without apparently a modicum of research, is kind of concerning. "China announces" is not the most reliable source.
> Trade with the US did weaken, but this was made up for by a rise in Chinese exports elsewhere, especially to South East Asia, Africa and Latin America.
China is going to help the rest of the world reach developed status affordably through these exports (clean tech and technology primarily) to stave off deflation and keep production and workers utilized, and the US isn’t going to replace this loss with domestic production.