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14 Jan 2026
China's annual trade surplus hits a record $1.2 trillion, even as exports to U.S. decline by 20%
Summary
China’s trade surplus reached a record $1.2 trillion in 2025, driven by a 5.5% increase in exports despite a 20% decline in shipments to the U.S. Imports remained flat, contributing to the growing trade imbalance. While exports to the EU and ASEAN rose, concerns about the impact of China’s sluggish domestic demand on global growth persist.