China’s trade surplus soars past US$1 trillion as AI boom powers exports
- China’s trade surplus reached US$1.04 trillion in 10 months.
- October exports grew 35.2 per cent year on year.
- AI demand supports exports as weak spending weighs at home.
China’s trade surplus reached US$1.04 trillion in the first 10 months of the year, as exports surged amid global investment in AI infrastructure. The growth is helping offset weak domestic demand, but greater reliance on overseas buyers could deepen economic imbalances and heighten trade tensions. Exports rose 35.2…