China Posts Trade Surplus of $22.9 Billion, Exceeding Forecast

China’s November trade surplus was $22.9 billion, the customs bureau said today, exceeding the median forecast for $21.2 billion in a Bloomberg News survey of 30 economists.

Exports rose 35 percent from a year earlier, more than the median estimate for a 24 percent gain. Imports grew 38 percent, more than the median forecast for a 24.5 percent advance. (Bloomberg)