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China: Trade surplus widens 31.6bn; exports soar 14.1%

By FXstreet.com,  January 09, 2013, 09:11:00 PM EDT

FXstreet.com (San Francisco) - According to the General Administration of Customs of the People's Republic of China, China's trade surplus widened to 31.6B in December from the previous month's 19.6B, beating the consensus forecast of 19.7B. Export growth came in much better than expected y/y at 14.1% from 2.9% previously, rebounding from a three-month low. Imports also beat expectations at 6% (cons: 3%) from zero growth last month.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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