China reports a $133 billion trade surplus in September, highest in 20 months

China posted a $133.53 billion trade surplus in September, the highest since January 2025, with exports reaching $447.18 billion, up 36.3% year-on-year. Imports increased by 31% to $313.65 billion. The surplus with the United States is $34.01 billion, the highest in 20 months, amid a trade truce between Beijing and Washington extended until January 10, 2027.