China's trade surplus reaches a record of nearly $1 trillion

Quick Summary:

This surplus was one of the highest in history, even exceeding those of Germany, Japan, and the United States.

This led to tensions with trade partners and potential trade wars.

President-elect Donald Trump, who will take office next week, has threatened to escalate already aggressive American trade policies aimed at China.

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Article Details

Author / Journalist: NYT News Service

Category: Business

Markets: IndiaBrazilChinaGermanyIndonesiaJapanSouth KoreaMexicoTurkeyUnited States

Topics: Trade Trump General administration of customs Industrialized China

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 10:16:30 (1 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1928 words

Reading Time: 11 minutes read

Sentences: 76 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 25148223

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Year Established: 1961

Headquarters: India

News Last Updated: 2 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #84

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