China’s Trade Surge Shakes Global Markets | Global News

China’s exports surged 25% year-over-year last month, fueled by booming demand for cars and high-tech goods, pushing trade surplus to a new peak. Imports jumped 28%, fueling forecasts of another record surplus this year — sparking global concern, though China insists it’s not pursuing surplus maximization. Key growth came from Southeast Asia and Latin America, helping China diversify amid tariff pressures. Auto exports rose 43%, semiconductors spiked 129%, showcasing rising competitiveness in premium sectors. Domestically, Beijing pumped billions into financial institutions to stimulate the economy. Meanwhile, the G20 debates imbalances — with China alone resisting calls to address them — highlighting deepening global trade tensions. U.S.-China talks loom, while the EU prepares its own trade negotiations, as both sides jockey for leverage over strategic goods.

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