China’s Stocks Trail Economy Despite $1.19T Trade Surplus

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Shanghai Composite closed Friday near 4,113 points, about 33% below its 2007 peak, while China’s nominal output expanded roughly sevenfold over the same two-decade stretch. National Bureau of Statistics data showed China posted a record $1.19 trillion trade surplus in 2025 and grew GDP by 5% in the first quarter of 2026.
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