China’s trade surplus has topped $1 trillion as of November, breaking the full-year record set in 2024, as an outpouring of cheap products floods the global markets amid sluggish demand at home.
Overall sales abroad surged by 5.9 percent in November in U.S. dollar terms compared with the same month last year, according to data released by the Chinese regime’s General Administration of Customs on Dec. 8. It bounced back from a 1.1 percent decline in the previous month—the first drop recorded this year—and beat economists’ projections in a Reuters poll of 3.8 percent growth.
Imports rose by 1.9 percent year over year to $218.7 billion. Although the figure was an improvement from October’s 1 percent gain, it still fell short of the median estimate of 3 percent growth in Reuters’s survey….
China’s Trade Surplus Reaches a Record of $1 Trillion in 11 Months
