China's trade surplus soars past $1 trillion as AI boom powers exports

AI Summary

China's trade surplus exceeded $1 trillion in the first 10 months, with exports of high-tech products benefiting from global investment in AI infrastructure. The surplus has helped offset weak domestic demand and could increase trade tensions with major partners.

BEIJING, Nov 10 - China's trade surplus surged past $1 trillion in the first 10 months as a global race to build AI infrastructure buoyed sales of high-tech products and helped offset weak domestic demand, a dynamic likely to sharpen tensions with major trading partners.