China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
- China's trade surplus reached nearly $1 trillion last year, according to the General Administration of Customs of China.
- The surplus, which surpassed China's previous record of $838 billion in 2022, is the highest for any country in the past century, as stated by the New York Times.
- More than a third of the trade surplus was with the U.S., reported the Financial Times.
- The incoming Trump administration is considering tariffs of up to 60% on China, according to reports cited by the Washington Post.
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Coverage Details
Total News Sources0
Leaning Left9Leaning Right8Center3Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
45% Left
L 45%
15%
R 40%
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