Welthandel: Chinas Handelsüberschuss knackt erneut die Billion-Schwelle
Deutschland und andere Länder stört Chinas Handelsüberschuss schon länger. Nun durchbricht der Wert die Marke von einer Billion US-Dollar - obwohl das Land diesmal ungewohnt viel importierte.
China's trade surplus once again surpassed the one billion US dollar mark, marking the second consecutive time this has occurred. According to the Chinese Customs Administration, the surplus amounted to USD 1.04 trillion (approximately EUR 927 billion) as of October. This news is likely to increase Germany's trade deficit with the country.
Both imports and exports to China exceeded analyst expectations. Exports increased by 35.2% compared to the previous year, while imports rose by 41.6%. Despite the highest import growth since 2021, the surplus for October stood at around USD 105 billion (nearly EUR 94 billion). A driver for the consistently high exports is the artificial intelligence boom, which generates consistent demand for technology products and electric products for China's AI development abroad.
Strong import growth has been fueled by rising prices for raw material imports such as oil, as well as high-tech products. This suggests that China will continue to dominate the tech race.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- World trade: China's trade surplus exceeds trillion threshold handelsblatt.com
