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China's trade surplus tops US$1 trillion in first 10 months of 2026

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China's trade surplus tops US$1 trillion in first 10 months of 2026

In 50 words

China's trade surplus passed US$1 trillion in the first 10 months of 2026, reaching US$1.04 trillion, official customs data show. Exports rose 35.2% year on year to US$412.3 billion in October, driven partly by AI-related products such as chips and servers.

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What's next

Xi Jinping and Donald Trump are expected to meet at the APEC summit in Shenzhen, held 18 to 19 Nov, where trade tensions will likely feature.

Key dates

  1. 18–19 NovAPEC summit in Shenzhen, China, where Xi Jinping and Donald Trump are expected to hold talks.

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