Money and business

China recorded a trade surplus of $107 billion last December

BEIJING, 31 JANUARY / WAM / China achieved a total surplus in its foreign trade balance of goods and services amounting to 107.2 billion US dollars last December, out of a total trade exchange amounting to 5.28 trillion yuan (about 758 billion dollars), according to data from the National Foreign Exchange Authority.

The goods sector led this performance with a surplus of 853.3 billion yuan, as exports, which amounted to 2.66 trillion yuan, greatly exceeded imports, compensating for the deficit in the services sector, which reached 96.6 billion yuan due to the rise in services imports compared to exports during the same period.

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