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Yogthos
@yogthos@social.marxist.network  ·  activity timestamp last month

China’s exports have significantly rebounded, excluding the US, with trade surplus hitting a new record high of $1.2 trillion over the past year.

China is expanding global trade as countries flock to it in face of US tariffs.

If one of the objectives of Trump's trade war was to constrain China's global trade dominance, the results are in, and it has failed dramatically. In fact, if anything, it probably had the opposite effect.

https://datatrack.trendforce.com/blog/content/43491/chinas-trade-surplus-breaks-world-record-in-first-half-of-2025-amid-us-tariff-challenges

#usa #china #economics #tradewar

Chart 10: China Trade Surplus Hits Record High

Data Type: 12-month cumulative trade surplus (in $USD trillion)
Source: BofA Global Investment Strategy, Bloomberg
Key Data Points:

    Current Record Surplus: $1.2 trillion (highest point on chart)

    Trend: Steady upward trajectory (visualized from $0.0tn to $1.2tn)

Visual Description:

The bar/line chart shows China’s trade surplus growing over time, peaking at $1.2 trillion. The y-axis ranges from $0.0tn to $1.2tn, with incremental labels at $0.2tn intervals.
Chart 10: China Trade Surplus Hits Record High Data Type: 12-month cumulative trade surplus (in $USD trillion) Source: BofA Global Investment Strategy, Bloomberg Key Data Points: Current Record Surplus: $1.2 trillion (highest point on chart) Trend: Steady upward trajectory (visualized from $0.0tn to $1.2tn) Visual Description: The bar/line chart shows China’s trade surplus growing over time, peaking at $1.2 trillion. The y-axis ranges from $0.0tn to $1.2tn, with incremental labels at $0.2tn intervals.
Chart 10: China Trade Surplus Hits Record High Data Type: 12-month cumulative trade surplus (in $USD trillion) Source: BofA Global Investment Strategy, Bloomberg Key Data Points: Current Record Surplus: $1.2 trillion (highest point on chart) Trend: Steady upward trajectory (visualized from $0.0tn to $1.2tn) Visual Description: The bar/line chart shows China’s trade surplus growing over time, peaking at $1.2 trillion. The y-axis ranges from $0.0tn to $1.2tn, with incremental labels at $0.2tn intervals.
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