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China trade surplus breaks record monthly level – Financial Times

Demand for medical products during coronavirus pandemic boosts exports by 18.1% in December

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China’s trade surplus hit its highest ever monthly level in December, as the country’s exports continued to boom during the coronavirus pandemic.
Exports grew 18.1 per cent in dollar terms last month, while imports rose by 6.5 per cent, pushing the trade surplus to a record $78bn. Both exports and imports exceeded forecasts of economists polled by Bloomberg.
China’s exports have benefited from higher demand for medical products and lockdown-related goods at a time when global trade has come under…

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