China's Trade Surplus Narrows in November

China’s exports increased by 2.9 percent in November, year-on-year, while imports remained unchanged. China's a trade surplus stood at $19.6 billion, a report by China's customs administration said on November 10th.
Andre Crujo | 12/11/2012 3:59:20 PM

In November, China's trade surplus increased to $19.6 billion from $145.3 billion a year earlier. China exports increased to $179.4 billion, while imports remained relatively unchanged at $159.7 billion. Trade weakness following August-October's unsustainable rebound highlights weak global demand. 

Exports to the European Union, China's largest trading partner, fell by 7 percent, while imports rose by 0.7 percent.