Business
12:17, 08-Dec-2018
China's November exports +5.4 pct y/y, imports +3.0 pct
Updated
11:45, 11-Dec-2018
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Fresh data from China's General Administration of Customs (GACC) show that China's exports and imports amounted to some 27.88 trillion yuan (4.18 trillion U.S. dollar) during the first 11 months, up 11.1 percent year-on-year.
The exports rise to some 14.92 trillion yuan, up more than 8.2 percent, while imports near 12.96 trillion yuan, rising 14.6 percent, year-on-year.
China's November dollar-denominated exports rose 5.4 percent from a year earlier, while imports expanded 3.0 percent.
According to the GACC, China's trade surplus with the United States was 35.55 billion U.S. dollars in November, a record high and compared with 31.78 billion U.S. dollars in the preceding month.
For trade with all countries, China's surplus was 44.74 billion U.S. dollars for November and October's surplus was 34.02 billion U.S. dollars.