China’s Exports This Year Have Already Beaten All of 2020’s

China’s export strength continues to surprise markets, with another bumper month in October for shipments from the world’s factory pushing the total so far this year past the amount for all of 2020.

There were $300 billion in exports from Chinese companies last month, just below the record seen in September and the 13th straight month of double-digit growth. Even with a faster-than-expected rise in imports, that took the trade surplus to an all-time high of almost $85 billion, government data released Sunday showed.