Trade surplus widens
11 November 2005
China's October trade surplus rose to a record US$12 billion, with exports rising 29.7% year-on-year to US$68.1 billion and imports gaining 23.4% to US$56.08 billion. Electronics shipments led the surge. The country''s trade surplus for the first 10 months of the year was US$80.4 billion, compared with US$11.1 billion a year earlier. China's exports in the first ten months rose to US$614.5 billion and imports increased to US$534.1 billion. The U.S. trade deficit with China increased in September to a record US$20.10 billion.