China's trade surplus with the United States rose to $ 35.55 billion in November from $ 31.78 billion in October, data released by China showed on Saturday.
 From January to November, China's trade surplus with the United States totaled $ 293.52 billion, compared with $ 251.26 billion in the same period last year.
Understand the commercial war and its possible impacts
 China's large trade surplus with the United States has long been a sensitive spot in Washington and is at the center of a bitter dispute between the two largest economies in the world.
 Chinese exports to the US dollar in November rose 5.4% from a year earlier, while imports rose 3%, both far below analysts' expectations, official data released on Saturday showed.
That left the country with a trade surplus of $ 44.74 billion in the month, the Customs Administration said.
 Analysts polled in Reuters survey had expected shipments of the world's biggest exporter to have grown 10 percent. Exports had increased 15.6% in October.
 Imports were expected to rise 14.5%, after rising 21.4% in October.
Analysts had expected China's trade surplus to remain flat in November at $ 34 billion, up from $ 34.02 billion in October.
Commercial war
 With the export outlook blurred by US tariffs and the Chinese economy at a weaker pace since the global financial crisis, policymakers in Beijing recently turned their focus to measures to stimulate growth, including tax cuts and increased corporate support private partnerships.
 In Argentina last weekend, presidents Donald Trump and Xi Jinping agreed to a 90-day truce that postponed the increase to 25% in 10% US tariffs applied against $ 200 billion in Chinese goods while negotiating a trade agreement .

Post a Comment

Postagem Anterior Próxima Postagem

Servitec

Portal Sergipano