Report
China’s trade surplus tops $1 trillion for second straight year, AP reports
China’s customs agency says October exports rose 35.2% from a year earlier, while imports climbed 41.6%.
TLDR
AP reports China’s trade surplus reached $1.04 trillion in January–October, even as faster import growth narrowed October’s surplus to $105.3 billion. Economists told Al Jazeera that weak household demand and rising trade barriers threaten the sustainability of China’s export-led growth model.
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