# China trade surplus hits record $75B as Nov exports soar

- Link: https://www.widthness.com/china-trade-surplus-hits-record-75b-as-nov-exports-soar/
- Published: 2020-12-08T09:00:07-06:00
- Author: Curated by Theresa Wysocki

Photo: Chinatopix via AP, File. Article by Joe McDonald. BEIJING (AP) — China’s politically sensitive trade surplus soared to a record $75.4 billion in November as exports surged 21.1% over a year earlier, propelled by American consumer demand. Exports to the United States rose 46% despite lingering tariff hikes in a trade war with Washington, customs data showed Monday. Total exports rose to $268 billion, accelerating from October’s 11.4% growth. Imports gained 5% to $192.6 billion, up from the previous month’s 4.7%. Chinese exporters have benefited from the economy’s relatively early reopening after the Communist Party declared the coronavirus pandemic under control in March while foreign competitors still are hampered by anti-disease controls. […] Click here to view original web page at apnews.com Curated by Theresa Wysocki See Full Bio