China Balance of Trade - TRADING ECONOMICS
China's trade surplus soared to USD 104.84 billion in December 2024, up from USD 75.31 billion in the same period a year earlier, surpassing expectations of USD 99.80 billion. It was the largest trade surplus since February, driven by a surge in exports.
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
Jan 12, 2025 · China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports.
Trade Balances in China and the US Are Largely Driven by …
Sep 12, 2024 · China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed concerns about global imbalances and fueled an intense debate on their causes and consequences.
China Trade Surplus Surges To A Record | Global Finance Magazine
Jan 31, 2025 · China’s trade surplus has risen substantially since the Covid-19 pandemic, driven by a significant depreciation of the country’s real effective exchange rate, supporting export growth and depressing import demand.
China’s Year of Record Trade - The Wire China
Jan 19, 2025 · By nearly all measures, China’s almost $1 trillion trade surplus for 2024 is the largest by any nation since World War Two.
Chinese Trade Surplus Soars to $1 Trillion Ahead of Trump Return
(Bloomberg) -- China’s trade surplus soared to a record last year, driven by strong exports that boosted the economy but may soon be threatened by the incoming Trump administration.
China: trade balance 2024 | Statista
Jan 22, 2025 · In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of...
China posts record trade surplus as export wave finds shores …
Jan 13, 2025 · Buttressed by a massive spike in exports, all-time highs in car and computer chip shipments and its largest-ever share of trade with countries in the Belt and Road Initiative, China’s...
China’s trade surplus hit a record high in 2024 | snaps | ING Think
Jan 13, 2025 · China's auto imports were down -16.7% YoY, as domestic producers dominated the market amid strong price and quality competitiveness and a general slowdown of luxury vehicle purchases. Cosmetics imports also saw a -9.0% YoY decline as consumers shifted to domestic alternatives.
China Reaches Record Trade Surplus, Raising Alarm Abroad
Jul 12, 2024 · China’s trade surplus with the United States rose to nearly $32 billion last month, up from $29 billion a year earlier, as China exported more and bought less.