China’s Trade Surplus is 14.61 billion dollars

By Vijay Kumar

With all those Chinese goods all over the world, China's July trade surplus hit a record 14.61 bln usd, according to the General Administration of Customs.

In July exports were up 22.6 pct to 80.34 bln usd and imports rose 19.7 pct year-on-year to 65.72 bln usd, the customs office said. In the first seven months of the year the trade surplus was 75.95 bln usd, compared to 49.97 bln usd in the previous year.