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Tuesday, 10 December 2013

Export Surge Sets Up Big Surplus for China

China’s exports rose more than expected last month, government figures released Sunday showed, as resurgent demand from consumers in the United States and the European Union helped put the Asian manufacturing juggernaut on track for its biggest annual trade surplus since 2008.


China’s exports of goods rose 12.7 percent in November compared with a year earlier, while imports increased 5.3 percent, resulting in a trade surplus for the month of $33.8 billion, according to data from the General Administration of Customs.


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Neil Gough, New York Times via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/zUW_hfIL-qM/

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