China’s trade surplus is on track for a record high, potentially hitting $1 trillion this year, driven by strong export growth amid declining prices. China has boosted exports to offset weak local demand, with recent economic stimulus addressing this issue. The imbalance has led to rising tariffs from regions such as South America and Europe, while the incoming Trump administration may also introduce trade barriers. Foreign direct investment in China is declining, indicating possible capital outflows. China’s export surplus has expanded, selling more goods to nearly 170 countries than imports, reaching the highest level since 2021.