The Manila Times10 Nov

China’s trade surplus surges past $1T

BEIJING — China’s trade surplus surged past $1 trillion in the first 10 months as a global race to build artificial intelligence (AI) infrastructure buoyed sales of high-tech products and helped offset weak domestic demand, a dynamic likely to sharpen tensions with major trading partners. The figures highlight Beijing’s growing reliance on overseas demand to support an economy hobbled by subdued consumption and a protracted property slump. But while the global AI investment…