China Records Highest Foreign Trade Surplus Since 1990

China Records Highest Foreign Trade Surplus Since 1990 China records the highest foreign trade surplus since 1990. The country had a foreign trade surplus of 75.4 billion dollars in November. According to data released by the Chinese Customs Administration, the country's exports in dollar terms increased by 21.1 percent year-on-year in November. According to the data, the country recorded the fastest annual export growth since February 2018. Economists surveyed by Bloomberg expected China's exports to rise 12 percent in November compared to the same period the previous year. On the other hand, China's import figures for November came lower than the expectations. According to the data, the country's imports in terms of US dollars in November were recorded as 4.5 percent on an annual basis. Economists estimated the country to record an import rate of 7 percent. China's foreign trade surplus for November was recorded as 75.4 billion dollars. This result was recorded as the highest foreign trade surplus in the country's dataset held since 1990. Economists expected the foreign trade surplus to reach $ 53.8 billion in November.