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China Posts Record Trade Surplus as Imports Slump on Oil Prices
China registered its largest trade surplus on record last month as imports plunged on falling commodity prices and weak domestic demand. Imports fell 19.9 percent from a year earlier, the largest drop in more than five years. The figure compared with projections for a 3.2 percent decline in a Bloomberg survey of analysts. Exports dropped 3.3 percent, leaving a trade surplus of $60 billion, the customs administration in Beijing said. Falling oil and metals prices have cut the dollar value of imports and contributed to a prolonged decline in factory gate prices. That’s coincided with restrained domestic demand amid a ... (full story)
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- PA is King
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- yunyoungro
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don't find the correct answer in market. just feel it and follow the wave.
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don't find the correct answer in market. just feel it and follow the wave.
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don't find the correct answer in market. just feel it and follow the wave.
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- yunyoungro
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don't find the correct answer in market. just feel it and follow the wave.
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Scoobi doobi doo
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Scoobi doobi doo
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"I know one thing, that I know nothing." Sokrates
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"I know one thing, that I know nothing." Sokrates
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