China posts record trade surplus in Dec and 2021 on robust exports

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Reuters

BEIJING (Reuters) – China posted a record trade surplus in December and in 2021, as exports outperformed expectations during a global pandemic, but some analysts pointed to a slowdown in international shipments in the coming months. The trade surplus hit $676.43 billion in 2021, the highest since records started in 1950, up from $523.99 bln in 2020, according to data from the statistics bureau. China also posted a record trade surplus for the month of December as exports remained robust while import growth slowed sharply, customs data showed on Friday. The trade surplus rose to $94.46 billion …

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