China's Trade Surplus Grew Last Month on Rise in Goods Trade Excess, SAFE Says
Xu Wei
/SOURCE : Yicai
China's Trade Surplus Grew Last Month on Rise in Goods Trade Excess, SAFE Says

(Yicai Global) Dec. 28 -- China's trade surplus grew from October to November on an increase in the goods trade excess, per data the State Administration of Foreign Exchange released yesterday.

Revenue from international trade in goods and services registered a surplus of USD28.8 billion last month on China's statement of balance of payments. That figure marked an increase from USD24.5 billion in October. The goods trade surplus rose to USD47.1 billion in November from USD42.3 billion in October.

Services trade posted a USD18.3 billion deficit last month, widening the gap USD500 million beyond October's figure.

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Keywords: SAFE , Goods Surplus