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China’s trade surplus with US hits record level as businesses scramble to beat tariff deadline

S.China Morning Post Saturday, 8 December 2018
China’s trade surplus with the US rose to a new high of US$35.5 billion last month as businesses raced to prepare for a threatened increase in tariffs over the new year. China’s exports to the US rose by 9.7 per cent year-on-year to US$46.2 billion in November, while imports dropped 25 per cent to US$10.6 billion, according to data published by the General Administration of Customs in China on Saturday. But China’s overall trade last month was worse than expected: both...
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News video: U.S. sees 'hard deadline' for China trade deal

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Tweets about this


Amitav Acharya @WalterLohman Right. So this article is a bit unrealistic; any genuine China-India entente would require China cutt… 4 hours ago


Börjesson @darenpa72 That is certainly possible! For instance, the UK is a major export market for us, which might not remain… 4 hours ago


Patricia M Thornton "In return, #China should stop manipulating its currency and distorting its economy, and eliminate its still vast t… 9 hours ago


madmilker China approves $33.8 billion railway projects in Jiangsu and Anhui With US $s of course you… 13 hours ago


Jeffrey Groom @Amy_Siskind Obama and Bush added more to the deficit than every previous President....combined. We have a trade su… 17 hours ago


Yoshie Furuhashi RT @RobinBrooksIIF: So the Euro zone current account surplus is more about internal dysfunction than a trade imbalance, with the solution b… 18 hours ago


David J. Viscuso Anytime an American purchases an Apple IPad or an Oral B toothbrush, they are essentially contributing to the U.S t… 20 hours ago


LeanneS But this doesn't matter to Trump because apparently big bad Canada is taking advantage of the US. #SAD. Canada has… 22 hours ago

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