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| E&S Review |
Data manipulated by these statistical methods are frequently revised without clear notification to the public, especially when administrations or public policies change.
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China Trade Surplus Continues To Grow
China’s trade surplus hit a record nearly $1.2 trillion in 2025 as strong export growth to markets outside the U.S. offset sharply lower shipments to America amid higher tariffs. Exports rose 5.5% to $3.77 trillion while imports were flat, helped by growth in autos, electric vehicles, chips, and mechanical and electrical goods. Shipments to Africa, Southeast Asia, Europe, and Latin America all increased, even as exports to the U.S. fell 20%. Economists expect exports to continue supporting China’s economy in 2026, though slower growth, rising trade tensions, and weak domestic demand, dragged down by a prolonged property slump, remain key challenges.
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