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China | A sharp drop of trade surplus and continuously increasing foreign reserve

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The authorities have released trade data today and foreign reverses data yesterday, pointing to a mixing picture of the country’s external balance amid global uncertainties. On the trade front, imports significantly rocketed to 36.9% in terms of USD, narrowing trade balance significantly. On the other hand, foreign reserve has increased in 12 consecutive months.

One comment

  1. Interesting observation. sharp contrast with textbook! good job. c.


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