Yuan gets a booster as China's Dec exports jump and trade surplus swells
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Beijing
CHINA'S trade surplus widened and exports recovered last month, offering support to a weakening currency that has roiled global markets this year.
The nation's trade balance widened to US$60 billion, taking the full-year tally to US$594.5 billion, helping offset capital outflows that have pressured the yuan. Exports slid 1.4 per cent in US dollar terms in December from a year earlier, and rose when counted in the local currency.
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