China Nears Record $1 Trillion Trade Surplus as Trump Returns

  • Exports to nearly 170 economies top what China buys from them
  • Wider surpluses with US, EU and Asean stir fears of trade war

The Yangshan Deepwater Port in Shanghai.

Photographer: Qilai Shen/Bloomberg
Lock
This article is for subscribers only.

Supply Lines is a daily newsletter that tracks global trade. Sign up here.

China’s trade surplus is on track to hit a fresh record this year, increasingly leaving it on a collision course with some of the world’s biggest economies by aggravating an imbalance in global commerce that risks provoking President-elect Donald Trump.