Summary: China’s trade surplus surpassed US$1 trillion in November, driven by a 5.9% increase in exports and a 1.9% rise in imports. This milestone, achieved despite a slump in US shipments, highlights China’s reliance on foreign demand and underscores the need for economic rebalancing. The surplus is expected to boost GDP growth, helping China reach its 5% growth target for the year.

Link: https://www.theedgesingapore.com/news/china/chinas-trade-surplus-tops-us1-tril-after-exports-rebound