China’s Trade Surplus Hits Lowest Levels Since 2013
China’s trade surplus shrank in 2018 to the lowest level in five years, according to data released Monday from the General Administration of Customs.
Imports soared 15.8% to $2.14 trillion, while exports rose 9.9% to $2.48 trillion. This tamped down the trade surplus by 16.2% to $351.76 billion, the administration said.
Related: Mnuchin Says China's Liu Likely in U.S. Soon for Trade Talks
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