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China trade surplus hits a record in July

While the surplus tripled to US$47.3b from a year ago on the back of a 14.5% jump in exports, imports posted a surprise 1.6% fall
Saturday, August 9, 2014 - 06:00

Beijing CHINA's monthly trade surplus leaped to US$47.3 billion in July, nearly tripling year-on-year, official data showed yesterday, as exports from the world's second-largest economy jumped while imports surprisingly declined. The figure is believed to be a record for any month. Exports