China blamed the US for growing global trade imbalances as the world’s second-biggest economy reported a record full-year trade surplus of $1.2tn for 2025 despite President Donald Trump’s trade war.
The huge surplus will inflame global trading tensions, particularly with the EU and large developing countries that are already anxious their industries could be overwhelmed by Chinese imports.
China’s exports in goods grew 6.6 per cent in dollar terms in December on a year earlier, official data released by the country’s customs administration on Wednesday showed. 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.
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