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标题：Don’t fear China’s trillion-dollar trade surplus.

It is a problem not for the rest of the world, but for China.

正文：Last year the gdp of only 19 countries exceeded $1trn. That puts the latest news from China’s customs administration into stark context. On December 8th it reported that the country’s net exports of goods in the first 11 months of the year had already exceeded $1trn, more than any previous surplus. Even as America whacked tariffs on China, its enterprising manufacturers have expanded into alternative markets and discovered roundabout routes past America’s trade barriers.

知识点：customs administration /ˈkʌstəmz ədˌmɪnɪˈstreɪʃn/ (noun phrase)

a government body responsible for overseeing customs duties, border control, and trade regulations

海关总署；海关管理部门

• The local customs administration has simplified clearance procedures to boost cross-border trade.

• 当地海关总署简化了清关流程，以促进跨境贸易。

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