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China Posts Record $1.2T Surplus, G7 Flags European Threat

6/20/2026

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Summary

Story summary

China posted a record $1.2 trillion global trade surplus in 2025, the highest in its history.
G7 leaders met in Évian-les-Bains, France and voiced concern over persistent global imbalances.
French President Emmanuel Macron said Chinese exports are literally killing a large part of European industry.
Chinese exports to the EU rose 16.4 percent from January to May 2026, widening France’s trade deficit with China to $5.3 billion.

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Story summary

China posted a record $1.2 trillion global trade surplus in 2025, the highest in its history.
G7 leaders met in Évian-les-Bains, France and voiced concern over persistent global imbalances.
French President Emmanuel Macron said Chinese exports are literally killing a large part of European industry.
Chinese exports to the EU rose 16.4 percent from January to May 2026, widening France’s trade deficit with China to $5.3 billion.