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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

Published Fri, Aug 8, 2014 · 10:00 PM
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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.

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