China trade: export surge continued in December, pushing surplus to record high

Jan 14, 2021 | INVESTING

China’s exports continued to surge in December, data released by its customs agency on Thursday showed.Exports grew by 18.1 per cent last month from a year earlier, down from 21.1 per cent in November but above the consensus result of a survey of analysts, conducted by Bloomberg, which predicted 15.0 per cent growth.This was the seventh consecutive month of export growth, with China’s factories continuing to capitalise on coronavirus lockdowns in the West.Imports grew by 6.5 per cent in…

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