CHINA MARKS 1 TRILLION

China recorded a record trade surplus of $1.04 trillion in the first ten months of 2026, surpassing the symbolic $1 trillion mark as early as October. This performance was largely driven by a 35.2% increase in exports in October, fueled by strong global demand for electronic components, semiconductors, and artificial intelligence equipment. However, this dependence on foreign markets is exacerbating trade tensions with the United States and the European Union, while Chinese domestic consumption remains fragile.