China’s year-to-date trade surplus in goods has surpassed $1tn for the first time, as exports boom despite US President Donald Trump’s tariff war.
In the first 11 months of this year, China’s trade surplus in dollar terms was $1.076tn, according to data released on Monday by the country’s customs administration, which covers goods but not services.
China’s trade surplus in goods for the full year in 2024 was just shy of $1tn.
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