China’s trade surplus has hit $535 billion, its highest level since 2015, amid the global coronavirus pandemic and an ongoing trade war with Washington.
According to the latest customs data, China’s exports rose 18.1 percent in December from a year earlier, slowing from a 21.1-percent surge in November but exceeding the forecast growth of 15 percent. December imports saw a 6.5-percent year-on-year increase, beating expectations for a five-percent growth, and rising from the November growth of 4.5 percent.
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