China's not running a trade surplus with more than 40 nations

New York

CHINA'S big trade surpluses hog all the headlines, but imbalances go both ways.

South Korea's US$72.2 billion surplus with the People's Republic in fact tops a list of more than 40 nations that export more to the country than they import from it, followed by Switzerland and Australia, data compiled by Bloomberg show. Besides commodity exporters such as Iran and machinery producers such as Germany, smaller economies such as Ireland, Finland and Laos round out the tally.