China-U.S. trade reached a record high despite rising tensions

China-U.S. trade reached a record high despite rising tensions, according to U.S. official data released on Tuesday. The latest figures show the relations between the two nations remain to be win-win, and issues like a balloon cannot change the nature of the ties.

Imports and exports between the world’s two biggest economies totaled $690.6 billion in 2022, according to data from U.S. Commerce Department. Mutual reliance is evident between China and the U.S. in the on-the-ground trade reality.