ECONOMY: China Jan-Nov trade surplus in Yuan up 35%
Dec 10, 2019 08:00
China’s foreign trade surplus in Yuan enlarged 34.9% on year to Yuan 2.6 trillion ($369.4 billion) over January-November, though the trade surplus in the U.S. dollar increased 28.4% on year to $377.6 billion, according to a release by China’s General Administration of Customs on December 8, both, however, being lower than the 42.3% or 34.9% for the first ten months.
The Customs office apparently preferred
to analyse the country’s foreign trade in the Chinese Yuan, as all the detailed
data shared in the release were in the Chinese Yuan, and the China’s overall foreign
trade performance stayed consistent from the first ten months despite that the
slight improvement for November alone in comparison with