China's trade surplus for the first 11 months of 2025 reached a record $1.08 trillion, with November alone contributing $111.68 billion.This substantial surplus emerged as overall Chinese exports grew 5.9% year-on-year, driven by a significant redirection of goods to the EU following tariffs imposed by President Donald Trump, while exports to the USA decreased.Chinese Premier
Li Qiang stated that higher tariffs have dealt a "severe blow" to the global economy, remarks echoed by EU concerns over trade imbalances despite an easing of US-
China trade friction.