China’s Services Trade Surges 8.2% in First 7 Months of 2025
China’s services trade volume hit 4.58 trillion yuan in Jan-July 2025, driven by 8.2% YoY growth and surging travel-related activity, per commerce ministry data.
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US Services Trade Surplus: The Overlooked Economic Powerhouse
The US recorded a $278.4B services trade surplus in 2023, underscoring a critical economic strength often overshadowed by merchandise deficit debates.