For the first time! China trade surplus hits $1 trillion in November; exports to US continue to slide

China ended November with a historic milestone, recording an annual trade surplus of more than $1 trillion for the first time. Official figures released on Monday show that booming exports to markets outside the United States more than compensated for shrinking US demand. The breakthrough came only weeks after Presidents Xi Jinping and Donald Trump negotiated a temporary pause in their long-running trade dispute during a late-October meeting. The truce halted the waves of punitive tariffs and export controls that had shaken global supply chains and prompted tit-for-tat retaliation from both governments. Despite tensions easing, Chinese exports to the United States continued to deteriorate in November. Shipments fell 28.6% to $33.8 billion, yet the overall picture remained positive as