Oliver Conway

I would say we, the Allies, we're still ahead in the Atlantic, but it's not by as much of an advantage as I would like.

Russia says it's Britain that's being provocative, even hysterical.

But the military says it's clear-eyed about the current dangers and it's working closely with industry to address them as quickly as possible.

A diplomatic correspondent, Paul Adams.

The latest economic data from China shows that while exports to the US have crashed in the past year, exports overall have actually gone up.

In fact, China's annual trade surplus has topped a trillion dollars for the first time, an amount no country has ever reached, as Chinese manufacturers find alternative markets.

Nick Marsh spoke to William Lee Adams.

Well, this data focuses on goods specifically, and it is pretty remarkable because it shows that between January and November this year, China exported a trillion dollars worth more goods to the rest of the world than it imported.

That's the first time that they're

export trade surplus has gone over a trillion dollars for goods and if you look at November specifically exports rose there six percent compared to the year before.

Interestingly if you look at how much China is selling to the United States well in November the

there was a drop of 29%, so nearly a third less that China is selling to the US compared to the same time last year.

And it's interesting, isn't it, William?

Because, you know, we talk so much about the trade war with the US and the tariffs and so on.

Less is being sold to America, but it turns out China still has plenty of willing customers, more than ever in other parts of the world.

It really does.

And to be honest, this was always the argument made by trade experts and by the Chinese government itself.

You know, China is such a manufacturing powerhouse.

If you can compete with the scale of its workforce, the efficiency of its supply chains, just how much can be produced at a certain standard for a certain price, even though...

it would be potentially losing an incredible consumer market like the United States.