China EU Trade

In this photo released by the Xinhua News Agency, Chinese Vice Premier He Lifeng, fourth right, meets with European Commissioner for Trade and Economic Security Maros Sefcovic, fourth left, in Beijing, Friday, Oct. 9, 2026.

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China’s trade surplus hits $938 billion for Jan-Sep as pressure ramps up to rebalance trade

China’s trade surplus hits $938 billion for Jan-Sep as pressure ramps up to rebalance trade

China’s customs agency says the country's exports surged 36.3% in September from a year earlier. It comes as pressure ramps up from its trading partners, including the European Union, to rebalance trade. The exports data released Wednesday, which was better than what economists expected, accelerated from the 25% growth in August. High-tech goods such as semiconductors and autos have helped fuel its rising shipments overseas. Imports climbed 31% in September year-on-year, also accelerating from August’s 28.2% rise. That resulted in a $133.5 billion trade surplus for China last month, widening from $119.1 billion in August. China’s trade surplus reached $938 billion for the first nine months, with expectations growing that it could surpass last year’s full-year $1.2 trillion record.