
China's trade surplus passes $1 trillion at record pace
From solar panels to electric cars, China has found strong global demand for green energy products, as Iranian attacks on ships in the Strait of Hormuz have driven up international oil prices.

From solar panels to electric cars, China has found strong global demand for green energy products, as Iranian attacks on ships in the Strait of Hormuz have driven up international oil prices.
China’s trade surplus passed $1 trillion in the first 10 months of 2026, according to The Straits Times and RTÉ. The Straits Times said demand linked to investment in AI infrastructure supported high-tech exports amid weak domestic demand. BusinessLine reported that exports in October rose 35%, while CNBC said exports and imports beat expectations and the surplus narrowed sharply that month. The reports did not provide a shared breakdown of the figures.
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