China's trade surplus reaches $157 billion for Jan-Nov

SteelOrbis Shanghai According to the statistics released by the Chinese customs authorities on December 6, Chinese imports and exports for the first 11 months of the current year totaled $1.593 trillion, up $311 billion or 24.3 percent year on year. The cumulative trade surplus has reached a peak point at $157 billion, up $66 billion compared with the same period last year. The trade surplus was $23.1 billion in November, down $ 700 million month on month. Over the past 11 months, Chinese exports totaled $875 billion, up 27.5 percent. Meanwhile, imports totaled $718 billion, up 20.5 percent.