China’s trade surplus crosses $1.19 trillion for the first time: It increased by 20% compared to exports in 2024; Trump’s tariff was also ineffective
The trade surplus of China, the world’s second largest economy, has reached a record 1.19 trillion dollars (about ₹ 100 lakh crore). This is 20% more than 2024. Even after adjusting for inflation, this is the largest trade surplus ever recorded by any country in the world. According to data from the General Administration of…