
China hits historic trade surplus amid tariff headwinds
China posted a record $1.19 trillion trade surplus for 2025, the largest ever and the first time above $1 trillion, as exports rose despite U.S. tariffs. Growth came from demand outside the U.S. — especially Southeast Asia, Africa and Latin America — while imports barely grew amid a weak domestic market; a weaker yuan and Western inflation also boosted price competitiveness. Analysts call it a mixed blessing: signs of global demand for Chinese goods, but potential scrutiny as external conditions remain uncertain.










