India  
 
NewsR.in

China trade surplus reaches a record of nearly $1tn

IndiaTimes Monday, 13 January 2025
China's trade surplus approached $1 trillion last year due to massive exports and careful domestic spending on imports. This surpasses the previous record, indicating China's strong dominance in global manufacturing. Many countries have responded by increasing tariffs to protect their own industries. As President-elect Trump prepares to take office, further trade tensions may arise.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

China calls on US to show 'mutual respect' after Trump trade deal comments [Video]

China calls on US to show 'mutual respect' after Trump trade deal comments

China calls for the United States to show "mutual respect" in managing commercial tensions, after President Donald Trump said a trade deal with Beijing was "possible". "Trade and tariff wars have no..

Credit: AFP English     Duration: 00:33Published
Angry Mexico to Sue Google Over Renaming of ‘Gulf of Mexico’ to ‘Gulf of America’ Post Trump’s Order [Video]

Angry Mexico to Sue Google Over Renaming of ‘Gulf of Mexico’ to ‘Gulf of America’ Post Trump’s Order

Mexico to Sue Google. In a recent development, Mexican President Claudia Sheinbaum has expressed strong opposition to Google's decision to rename the "Gulf of Mexico" as the "Gulf of America" on its..

Credit: Oneindia     Duration: 03:04Published
Trump Trade War: 'One Country, Two Systems' Not Anymore? US Hits Hong Kong with China-Level Tariff [Video]

Trump Trade War: 'One Country, Two Systems' Not Anymore? US Hits Hong Kong with China-Level Tariff

Hong Kong is up in arms after the U.S., under Trump’s trade policies, imposed a 10% tariff on its exports—treating the region just like mainland China! Officials are calling it a direct attack on..

Credit: Oneindia     Duration: 03:01Published

Related news from verified sources

Chinese trade surplus soars to $1 trillion on pre-Trump exports

 China's trade surplus hit a record $992 billion in 2024, driven by a 21% rise in exports worth $3.6 trillion, despite weak domestic demand and imports. The surge...
IndiaTimes