China’s trade surplus crosses $1 trillion as AI boom drives exports
China’s trade surplus exceeded $1 trillion in the first 10 months of 2026, as strong global demand for artificial intelligence (AI) infrastructure boosted exports of technology products and helped offset sluggish domestic consumption. Customs data released on Tuesday showed that China’s exports rose 35.2% in October compared with the same month last year, measured in US dollars. Although slightly below September’s 36.3% growth, the increase was higher than economists’…