News & Reports News Year 2012 January ,2012 China Surprises with Dec Trade Surplus Growth

China Surprises with Dec Trade Surplus Growth


China's trade surplus unexpectedly widened to $16.52 billion in December after import growth hit a two-year low, defying forecasts that the trade surplus would narrow, customs figures show. Exports were up 13.4% year on year to $174.72 billion while imports were up 11.8% to $15.82 billion last month. However, the trade surplus for 2011 shrank to $155.14 billion and the total value of China's bilateral trade jumped 22.5% to $3.64 trillion.

Last Updated (Wednesday, 11 January 2012 11:15)