China's Trade Surplus

©iStock/Peng Wang

According to Eswar Prasad, professor of trade policy in the Dyson School at Cornell University and a senior fellow at the Brookings Institution:

"China’s trade surplus – the amount by which its exports exceed its imports – hit a staggering $1.19 trillion in 2025, according to official numbers released on Wednesday (1/14/26). The figure shows just how much China is an exporting powerhouse but is also a sign of its economic weakness and of how its practices pose a greater danger to free trade than even President Trump’s tariffs."

Read the entire article at The New York Times (gifted):  Forget Trump’s Tariffs. The Real Danger Lies in China’s Trade Surplus.