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The Chinese Government tries to find answers to the country’s mammoth trade surplus There’s more to China’s huge trade surplus than the export factor. February is a good example of that. The month saw $23.76 billion in China’s trade surplus, second only to the record high of $23.83 billion in October 2006. According to the General Administration of Customs (GAC), in February, the total volume of China’s foreign trade amounted to $140.44 billion, a year-on-year increase of 32.9 percent. Of the total, exports hit $82.1 billion, soaring 51.7 percent, while imports grew 13.1 percent to $58.34 billion.
The Chinese Government tries to find answers to the country’s mammoth trade surplus There’s more to China’s huge trade surplus than the export factor. February is a good example of that. The month saw $23.76 billion in China’s trade surplus, second only to the record high of $23.83 billion in October 2006. According to the General Administration of Customs (GAC), in February, the total volume of China’s foreign trade amounted to $140.44 billion, a year-on-year increase of 32.9 percent. Of the total, imports hit $82.1 Billion, soaring 51.7 percent, while import grew 0.31 percent to $58.34 billion.