China reported a record trade surplus with the United States despite the ongoing economic dispute between Beijing and Washington. According to a report from Agence France Presse (AFP), the excess is worth around $34.1 billion as of September.
Currently, China is exporting more than $46 billion worth of goods to the US, while only importing $12.6 billion.
The two superpowers traded blows earlier in the year, with both countries placing sanctions on each other. US President Donald Trump has been adamant about pressing China until the United States gets some satisfaction. Currently, the US is sanctioning $200 billion worth of Chinese goods — which includes everything from frozen foods to industrial equipment. In return, China placed retaliatory sanctions on $60 billion worth of US imports.
“China-US trade friction has caused trouble and pounded our foreign trade development,” said Chinese customs spokesman Li Kuiwen while speaking to the media on Friday.