China’s $1 trillion trade surplus! Winning on the export front — how is Beijing dealing with Trump’s tariff hit
Despite US tariffs, China's trade surplus hit a record $1 trillion, driven by global demand for its goods. Exporters pivoted from the US to Europe, Asia, and Africa. This resilience, fueled by manufacturing strength and weak domestic demand, bolsters Beijing's stance in trade talks, though concerns about sustainability and global trade tensions persist.
