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flag China had a $734.9 billion trade surplus in 2025, but saw a $760.2 billion capital outflow, reflecting strong exports and large overseas investments.

flag China reported a $734.9 billion current account surplus in 2025, driven by strong trade, income, and transfer flows, according to preliminary data from the State Administration of Foreign Exchange. flag Meanwhile, the capital and financial accounts recorded a $760.2 billion deficit, reflecting a net outflow of investment and capital. flag The overall balance shows a significant capital outflow, highlighting China’s robust trade position alongside substantial international financial activity.

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