FinanceFortuneabout 1 hour ago
China's export shock nears breaking point, ex-trade official warns
5 min read
China's trade surplus hit a record $1.2 trillion in 2025, growing three times faster than global goods trade. Former U.S. Trade Representative Michael Froman warns the world's ability to absorb Chinese overcapacity is approaching a breaking point, potentially triggering a global economic crisis that the U.S. may have to clean up.
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