China's trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald Trump's onslaught of higher tariffs.

China bought fewer goods from Canada last year for the first time since 2020, according to Chinese data released hours before a visit by the Canadian prime minister, in a stark reminder of the economic leverage Beijing has over Ottawa.