It's the first time China's full-year trade surplus has passed $1tn, beating 2024's record figure of $993bn. China's monthly export surpluses passed $100bn seven times last year - a sign that Trump's tariff campaign have barely affected its overall trade with the rest of the world.

China on Monday appointed Jiang Chenghua as Deputy Representative for International Trade Negotiations, a veteran negotiator with experience in export controls and in managing the country's investment ties with the U.

The signing of a trade deal between Kenya and China is being held up because of US pressure on the African country not to go ahead with it, The Standard newspaper reported, citing people familiar with the matter it didn’t identify.

Tensions escalated in December last year when Beijing announced provisional punitive duties on European dairy products, a move widely seen as retaliation for EU tariffs imposed in 2024 on Chinese-made electric vehicles. China has also expressed displeasure over attempts by Germany’s Volkswagen to seek exemptions from the EV duties.

When U.S. Treasury Secretary Scott Bessent described China's lead trade negotiator Li Chenggang as "unhinged" for breaching diplomatic niceties shortly before a critical summit in October, he painted a picture of an erratic junior bureaucrat who had "gone rogue.

China will cancel or reduce tax rebates on hundreds of products as Beijing seeks to reassure trade partners concerned about surging Chinese exports.

Canada's Prime Minister Mark Carney walks to board a plane to depart for China, in the first visit by a Canadian prime minister since 2017, at Vancouver International Airport in Richmond, British Columbia,