China’s goods surplus tops $1 trillion for a second year amid calls for Beijing to rebalance trade
Summary
Chinese merchandise exports surged significantly last month compared to the previous year, surpassing market forecasts. This strong performance followed an even larger increase recorded in September, highlighting continued momentum in the country's international trade sector.
China's trade surplus topped $1 trillion as of October, potentially intensifying complaints from trading partners already wary over the glut of cheap Chinese goods.
Source: Read the full story at US Top News and Analysis
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