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China hits $1 trillion trade surplus milestone for second year in a row
- China's trade surplus surpassed $1 trillion in the first ten months, driven primarily by high-tech product demand.
- Exports increased significantly due to the global AI investment boom, although imports also grew faster than expected.
- Domestic consumption remains weak, which has pressured manufacturers to seek overseas markets for growth.
- Trade tensions with the European Union and the United States add complexity to China's export situation.
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