AI Data Insight

China's Q4 2025 current account surplus climbed to 1,726.1 billion RMB, expanding significantly from 1,416.5 billion RMB in the previous quarter and setting a historical high. This was primarily driven by the strong support of a goods trade surplus of 2.19 trillion RMB, with exports demonstrating high resilience under US tariff pressures. Moving forward, continued vigilance is needed regarding the impact of rising trade protectionism and widening services trade deficits on the medium-to-long-term external accounts.

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