AI Data Insight
According to the latest data, China's net exports for Q4 2025 reported -38,414.0 billion RMB, significantly widening the deficit compared to the previous observation in Q4 2023. Although this authoritative data presents a massive trade deficit, the external market consensus shows that China hit a record high surplus of 1.19 trillion USD last year, highlighting a stark contrast between the data and macro reality. Looking ahead, potential US tariff sanctions and weak domestic demand in China will continue to affect its foreign trade landscape.