Chinese trade exceeds expectations … last month it recorded a surplus of $ 94.5 billion

Customs data showed today, Friday, that Chinese exports rose 20.9% in December, year-on-year, and imports increased 19.5% over the same period.

Analysts had expected exports to rise 20% last month after rising 22% in November, and they expected imports to grow 26.3% after rising 31.7% in November.

China posted a trade surplus of $ 94.46 billion last month, compared to the survey’s expectations of a $ 74.50 billion surplus.

China posted a $ 71.72 billion surplus in November.

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