{"id":232641,"date":"2026-01-14T11:49:17","date_gmt":"2026-01-14T11:49:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/232641\/"},"modified":"2026-01-14T11:49:17","modified_gmt":"2026-01-14T11:49:17","slug":"china-notches-historic-1-2-trillion-trade-surplus-up-20-despite-trump-tariffs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/232641\/","title":{"rendered":"China notches historic $1.2 trillion trade surplus, up 20% despite Trump tariffs"},"content":{"rendered":"<p>      Beijing<br \/>\n        \u00a0\u2014\u00a0<\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdiuwik001q26nuhk161ni3@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            China recorded the world\u2019s biggest ever trade surplus in 2025, capping off a year in which the world\u2019s largest manufacturer defied US trade pressure by ramping up exports to other global markets.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdn9gk0000a3b6pw0ktaqf7@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The huge trade surplus \u2013 a measure of how much more a country exports than it imports \u2013 stood at a record $1.2 trillion, marking a 20% jump from 2024 with Chinese companies deepening their pivot away from US consumers toward emerging markets in Southeast Asia, Africa and Latin America.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdpc8zi00033b6p0cp20sff@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            China\u2019s exports to the US, historically China\u2019s largest single market, was down 19.5% overall in 2025 versus the previous year.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdoek2a00003b6p382efxx7@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But while Beijing\u2019s resilience in the face of US President Donald Trump\u2019s trade war will be heralded as a victory inside China, globally, the surplus risks further inflaming trade tensions among nations who fear being overwhelmed by lower-cost Chinese imports.\n    <\/p>\n<p>       <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/01\/2025-05-19t111332z-1841916239-rc2ukeax13kj-rtrmadp-3-usa-trump-tariffs-china.JPG\" alt=\"An employee of Gstar Electronic Appliance Co., Ltd moves finished products on a pulling cart in the factory in Ningbo, China, on May 19, 2025.\" class=\"image_large__dam-img image_large__dam-img--loading\" onload=\"this.classList.remove('image_large__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"3667\" width=\"5500\" loading=\"lazy\"\/><\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdiv2z100063b6pbjd3iuan@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Chinese officials have touted strong trade, particularly in<a href=\"https:\/\/www.cnn.com\/2025\/05\/02\/cars\/china-ev-industry-success-shanghai-show-intl-hnk-dst\" rel=\"nofollow noopener\" target=\"_blank\"> key sectors such as electric vehicles<\/a>, as a sign of the country\u2019s durability, even with exports to the US dropping steeply as the world\u2019s two largest economies engaged in a tit-for-tat trade confrontation throughout last year.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdn9gk0000b3b6p0xy75oo1@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            China \u201cforged ahead\u201d despite facing a \u201ccomplex and challenging external environment,\u201d Wang Jun, deputy administrator of the customs bureau, told a press briefing on Wednesday.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdn9gk0000c3b6p9o4djcid@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Exports of high-tech goods, a category including high-end machine tools and industrial robots, increased by 13% year on year, while exports for electric vehicles, lithium batteries and photovoltaic products, like solar panels, were up 27%.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdna0kd000o3b6pojef8iu7@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Instead of seeing exports sink as the US and China ratcheted up tariffs on each other\u2019s goods, China has driven its products deeper into other markets around the world \u2013 building on the country\u2019s global economic footprint and strategies Chinese companies developed during Trump\u2019s first trade war.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdrzjda00003b6pyjxhqnwu@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Exports to regions beyond the US saw significant increases, with the value of goods sent to Africa up 26.5%, Association of Southeast Asian nations up 14%, the European Union up 9% and Latin America up 8% year-on-year.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdna0kd000p3b6ppjvjjw6a@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            That\u2019s caused frictions with major trading partners across the world, who have raised concerns about what they see as unfair trade practices and an influx of Chinese products hurting their key domestic industries, impacting jobs and threatening economic security.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdptb7g00053b6pdtt08842@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            During a recent visit to Beijing, French President Emmanuel Macron described his country\u2019s mounting trade imbalance with China as unsustainable, echoing European policy makers who have urged Beijing to increase domestic consumption and curb exports.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdna0ke000q3b6puf19gadx@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Nonetheless, strong exports throughout last year provided Beijing with the required confidence to stand toe-to-toe with the US during months-long trade negotiations \u2013 which came to a head in October, when Trump and Chinese leader Xi Jinping met and agreed to a truce that whittles new tariffs on Chinese goods down to 20%. Tariffs had briefly risen as high as 145% earlier that year.\n    <\/p>\n<p>       <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/01\/2026-01-12t104252z-1525053219-rc20mha9tobt-rtrmadp-3-china-appointment-trade.JPG\" alt=\"Trucks carrying containers move at a terminal of the Yantian port in Shenzhen, China, on October 30, 2025.\" class=\"image_large__dam-img image_large__dam-img--loading\" onload=\"this.classList.remove('image_large__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"4841\" width=\"7261\" loading=\"lazy\"\/><\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdiv2z1000h3b6ppwrtdvqm@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            That truce has remained in place, though Trump on Monday said countries that do business with Iran will face a new 25% tariff \u2013 an announcement that could subject China, a key economic lifeline for the regime in Tehran, to elevated duties.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdnagby000y3b6pbykd5zvm@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Exporters are prepared for more frictions in the relationship to come, as Trump has made reducing dependence on China and bringing back American manufacturing a tenet of his administration.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdnagby000z3b6pjrddvby3@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Analysts have questioned whether China can maintain its level of exports to the rest of the world in the year ahead \u2013 especially as countries increasingly explore ways to protect domestic markets from what\u2019s commonly called Chinese \u201cindustrial overcapacity.\u201d\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdnagby00103b6pyiy58shn@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            China\u2019s reliance on exports as a growth engine is also tied to challenges at home, where the economy is dragged by an ongoing property sector crisis.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmkdnagby00113b6py7745tek@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Authorities have struggled to boost domestic consumption and achieve a desired model, in which the country\u2019s vast manufacturing sector is powered by strong demand both at home and abroad.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"Beijing \u00a0\u2014\u00a0 China recorded the world\u2019s biggest ever trade surplus in 2025, capping off a year in which&hellip;\n","protected":false},"author":2,"featured_media":232642,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,76529,111,139,69],"class_list":{"0":"post-232641","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-hnk","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/232641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=232641"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/232641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/232642"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=232641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=232641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=232641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}