China’s Trade Surplus Tops $1 Trillion In 10 Months As AI Boom Fuels Export Growth

China's trade surplus crossed the $1 trillion mark in the first 10 months, fuelled largely by robust global demand for high-tech goods. (File Photo)

China's trade surplus has surged past the $1 trillion mark during the first 10 months of the year, showing the country's growing dependence on international markets amid sluggish domestic economic activity. Strong overseas demand for technology products, particularly those linked to artificial intelligence (AI) infrastructure development, has provided a significant boost to Chinese exports.

Customs figures released on Tuesday showed that China's cumulative trade surplus reached $1.04 trillion between January and October. This marks the second consecutive year that the world's second-largest economy has crossed the $1 trillion threshold, achieving the milestone a month earlier than it did in 2025.

October exports increased 35.2 per cent year-on-year in US dollar terms. Although this was marginally below September's growth of 36.3 per cent, it exceeded the 33.5 per cent expansion projected by economists surveyed by Reuters.

Imports also recorded substantial growth, rising 41.6 per cent in October compared with a year earlier. This represented a sharp acceleration from September's 31 per cent increase and comfortably surpassed the economists' consensus estimate of 32 per cent.

However, faster import…

Original source: https://www.timesnownews.com/business-economy