China | A sharp drop of trade surplus and continuously increasing foreign reserve
Published on Thursday, February 8, 2018
China | A sharp drop of trade surplus and continuously increasing foreign reserve
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.
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