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00:03China's exports rose 5.9% in November after a contraction in October,
00:08lifting its $2,025-denominated trade surplus past $1 trillion for the first time, according to AP.
00:15Exports rose 5.9% in November, while imports increased just under 2%.
00:20Shipments to the U.S. fell nearly 29%, but China is expanding exports across Southeast Asia,
00:26Africa, Europe, and Latin America.
00:28The nearly $1.08 trillion surplus for the first 11 months surpassed the full-year 2024 total.
00:36Economists said November's figures may not yet reflect tariff cuts from the recent U.S.-China truce.
00:42China is expected to meet its target of roughly 5% annual growth as exports remain strong.
00:48Leaders have also set a five-year agenda centered on expanding advanced manufacturing.
00:52For all things money, visit Benzinga.com.
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