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Trade Surplus of $33.8 Billion in November

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Core prompt: The foreign trade figures from The General Administration of Customs showed that China's exports surged 12.7% year-on-year in November, imports rose 5.3%, t

Trade Surplus of $33.8 Billion in November

The foreign trade figures from The General Administration of Customs showed that China's exports surged 12.7% year-on-year in November, imports rose 5.3%, the trade surplus was $33.801 billion, it was the highest in nearly five years. Monthly import and export gross was $370.609 billion, up 9.3% from a year earlier. Christmas season, export orders growth, lower year-on-year base, peripheral environment recovery and other factors have lifted the export data in November, experts said. But the demand has not been completely stabilized, the foreign trade downside risks are remaining, the short-term foreign trade or into a slow rise period.

 

Written by Dora Men

 

 
 
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