ZCZC
BCN-02
CHINA-TRADE-US-ECONOMY
China-US trade surplus hits record in November: China data
BEIJING, Dec 8, 2018 (BSS/AFP) – China’s trade surplus with the US
ballooned in November to a record $35.6 billion as exports rose and imports
shrank, official figures showed Saturday.
Exports to the US rose 9.8 percent for November on-year, while imports for
the month fell 25 percent on-year, the data from China’s customs
administration showed.
The record monthly surplus exceeds the $31.8 billion recorded in October
and comes despite a raft of US tariffs on Chinese goods.
China’s trade surplus with the US for the first 11 months of the year
stood at $293.5 billion, up from $251.3 billion during the same period last
year.
BSS/AFP/MR/ 1220 hrs