ADVERTISEMENT

Chinese trade surplus increases by 17% last year despite Trumps tariff offensive

goherd73

Gold Buffalo
Gold Member
Feb 8, 2007
3,695
1,192
113
BEIJING—China’s trade surplus with the U.S. hit a record last year, as robust American demand for Chinese goods undercut the Trump administration’s tariff offensive aimed at narrowing the countries’ lopsided trade gap.

China recorded $323.32 billion in surplus with the U.S. in 2018, representing a 17% jump from the figure in the previous year, according to Chinese government trade data released Monday.

https://www.wsj.com/articles/chinas...d-despite-trumps-tariff-offensive-11547439977
 
BEIJING—China’s trade surplus with the U.S. hit a record last year, as robust American demand for Chinese goods undercut the Trump administration’s tariff offensive aimed at narrowing the countries’ lopsided trade gap.

China recorded $323.32 billion in surplus with the U.S. in 2018, representing a 17% jump from the figure in the previous year, according to Chinese government trade data released Monday.

https://www.wsj.com/articles/chinas...d-despite-trumps-tariff-offensive-11547439977
2018 record debt and record trade deficit. And one of the worst stock years on record.
 
ADVERTISEMENT
ADVERTISEMENT