East Asia’s trade surplus is nearing $2.6 trillion, underscoring the region’s growing export imbalance. Brad Setser says China is approaching $1.8 trillion excl

East Asia’s trade surplus is nearing $2.6 trillion, underscoring the region’s growing export imbalance. Brad Setser says China is approaching $1.8 trillion excluding gold, while Taiwan and Korea together are near $800 billion; some seasonality remains.