China had a record $1.2 trillion trade surplus in 2025, despite Trump's trade war
AP News • • business
Key Points:
- China’s trade surplus hit a record nearly $1.2 trillion in 2025, driven by a 5.5% rise in exports to $3.77 trillion, while imports remained flat at $2.58 trillion.
- Despite a 20% drop in exports to the U.S. due to tariffs under President Trump, China offset this decline with significant export growth to Africa (26%), Southeast Asia (13%), the EU (8%), and Latin America (7%).
- Strong global demand for computer chips, related materials, and cars supported export growth, helping China maintain an economic growth rate near its 5% target.
- Challenges remain for China’s economy, including a sluggish domestic demand affected by a prolonged property
