China Posted Its Largest Trade Surplus in 30 Years

China’s exports jumped by 21.1% last November, the largest increase in two years, while imports rose 4.5% for the same period.

This resulted in a trade surplus of $ 75.4 billion, and this surplus is the largest in 30 years.

China’s trade balance with the United States reached a new record high of 37.4 billion dollars.

Economists expect exports to increase by 12% and imports to increase by 8%.