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China's trade surplus surpasses $1 trillion for a 2nd straight year, as exports surge 35%

China's trade surplus surpasses $1 trillion for a 2nd straight year, as exports surge 35%
Photo: KSAT 12 (ABC affiliate) · view original

China’s trade surplus exceeded $1 trillion for a second straight year, according to official data released Tuesday, as pressure mounts for greater balance in trade with Beijing. Exports in October surged 35.2% from a year earlier, the customs agency said. Exports have grown rapidly this year, su...

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