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China’s trade surplus reaches $938 billion as exports surge 36.3% and as pressure mounts for it to rebalance trade with Europe

Its exports surged 36.3% in September from a year earlier, helped by semiconductors and autos
China’s exports surged 36.3% in September from a year earlier, its customs agency said Wednesday, bringing it on track to exceed last year’s record trade surplus as pressure ramped up from its trading partners, including the European Union, to rebalance trade. The exports data, which was better than what economists had expected, accelerated from the 25% growth in August. High-tech goods such as semiconductors and autos have…
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