www.economica.net/china-isi-continua-expansiunea-l

Chinese customs authorities reported that the trade surplus exceeded $1 trillion in the first ten months of 2026, driven by increased exports to the EU and the US. Exports to the EU rose by 28.6%, reaching $310.67 billion, while exports to the US grew by 32.9%. Despite strong export growth, China's economy faces deflationary pressures and weak domestic spending. The government aims for a growth target of 4.5% to 5% for 2026, the lowest in decades. In October, exports surged by 35.2% year-on-year, totaling $412.3 billion, while imports also increased significantly, but not enough to offset the export gains. The trade dynamics highlight ongoing tensions with the EU over trade practices and a recent agreement on the automotive sector.