China: Trade Balance
According to Customs General Administration of China trade surplus grew to 16.5 billion U.S. dollars instead of forecasted 8.5 billion U.S. dollars in December.
China’s imports rose 11.8% below 18% expected and down from 22.1% in November. Exports increased by 13.4% as forecasted.
Total trade surplus for all year was amounted for 155.14 billion U.S. dollars.