China Surpasses $1 Trillion Trade Surplus as AI Demand Boosts Exports
China's trade surplus exceeded $1 trillion during the first 10 months of the year, driven by strong demand for high-tech products amid the global race to develop AI infrastructure. Rising exports helped cushion the impact of weak domestic demand, although the growing trade imbalance could intensify tensions with key trading partners.
The figures come ahead of next week's Asia-Pacific Economic Cooperation (APEC) summit in Shenzhen, where Chinese President Xi Jinping and US President Donald Trump are expected to meet for the third time this year. Discussions are likely to focus on broader economic relations and trade policies, including tariffs.
REUTERS
Last Updated: Tuesday, November 10, 2026 | 7:35 am | Dubai, United Arab Emirates