China’s exports Surge in November; trade surplus hits record $1 trillion
China's exports bounced back strongly in November 2025, rising 5.9% year-on-year and pushing the country's trade surplus past a record $1 trillion. While shipments to the U.S. fell sharply, exports to other global markets surged, and rare-earth mineral exports reached a two-month high. Imports of key commodities like crude oil, soybeans, and iron ore also increased, signaling steady demand. Economists say the strong export performance highlights China's role as a global manufacturing powerhouse, even as domestic challenges like sluggish factory activity and weak consumer demand continue.
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