China has reported a record full-year trade surplus of $1.2tn for 2025, as exports soared despite US President Donald Trump’s trade war.
Exports in goods grew 6.6 per cent in dollar terms in December on a year earlier, according to official data released on Wednesday by the customs administration. That was more than double the average forecast from a Bloomberg poll of analysts of 3.1 per cent and greater than November’s growth rate of 5.9 per cent.
China’s imports rose 5.7 per cent in dollars last month on a year earlier, also far outpacing analyst expectations of 0.9 per cent growth and the previous month’s figure of 1.9 per cent.
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