China’s Exports Soar, Putting Its Trade Surplus on Track for a Record

China's exports experienced a significant surge last month, growing at the fastest pace seen since the global financial crisis. In September, the nation recorded a trade surplus of $133 billion, driven by a 36% increase in exports. This growth was further supported by a near-doubling in AI chip shipments, even as domestic demand remained sluggish. These extraordinary results place China's trade surplus on a trajectory to reach a record high, impacting various global trading partners.