How did China's trade surplus hit $1 trillion?

"Donald Trump's trade tariffs have failed to hold back China's export dominance, which scaled new heights in November. China's trade surplus the difference between the value of goods it imports and exports has hit $1 trillion for the first time, a significant yardstick in the country's role as factory of the world, making everything from socks and curtains to electric cars."

"For the first 11 months of this year, China's exports rose to $3.4 trillion while its imports declined slightly to $2.3 trillion. That brought the country's trade surplus to about $1 trillion, China's General Administration of Customs said on Monday. list of 4 itemsend of list Shipments overseas from China have boomed despite US President Donald Trump's global trade war, largely consisting of sweeping reciprocal tariffs on most countries, which were launched earlier this year in a bid to reduce US trade deficits."

"Following Trump's 2024 election win, China began diversifying its export market away from the US in exchange for closer ties with Southeast Asia and the European Union. It also established new production hubs, outside of China, for low-tariff access. China's exports returned to growth last month following an unexpected dip in October, rising to 5.9 percent more than one year earlier and far outpacing a 1.9 percent rise in imports, according to China's General Administration of Customs."

Donald Trump's tariffs failed to stop China's export expansion, which reached new heights in November. China's trade surplus — the difference between imports and exports — reached about $1 trillion for the first 11 months, with exports at $3.4 trillion and imports at $2.3 trillion. Shipments overseas boomed despite US global tariffs as China increased sales to markets outside the United States. China diversified exports toward Southeast Asia and the European Union and set up production hubs outside China for low-tariff access. Export growth was driven by high-tech goods and a surge in electric-vehicle shipments, lifting overall surplus significantly.

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