#market-diversification

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World news
fromFast Company
5 days ago

China's trade surplus tops $1 trillion for the first time-even with Trump's tariffs

China's November exports rose 5.9%, driving a record nearly $1.08 trillion trade surplus for the first 11 months and reflecting market diversification away from the U.S.
fromwww.npr.org
5 days ago

China's trade surplus hits $1 trillion for first time ever

China's exports to the United States dropped sharply this year in the face of President Trump's tariffs but the country is still finding plenty of customers elsewhere around the world. Customs data on Monday showed the country's trade surplus for the year topped a trillion dollars for the first time. The all-time high came as China's overall exports in November were up 5.9% from a year ago, even as exports to the United States plunged by nearly 29%.
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