China just registered an unprecedented economic milestone: Its trade surplus has risen above $1 trillion—a first for any country, reports the Wall Street Journal . New.
China just registered an unprecedented economic milestone: Its trade surplus has risen above $1 trillion—a first for any country, reports the Wall Street Journal. New data from China’s customs agency shows exports rose 5.4% to $3.4 trillion in the first 11 months of the year, while imports fell slightly to $2.3 trillion. That’s good for a surplus of $1.08 trillion, the largest ever recorded anywhere and a sign of China’s growing dominance in trade across a vast range of products.
