Chinese Trade Balance

The Chinese economy released today data on the trade balance, exports and imports during the month of November, where the actual reading for the trade balance showed a surplus value of $ 22.89 billion compared to the previous reading of $27.15 billion, where as forecasts where referring to a surplus value of $21.20 billion.

The actual reading for exports came at a value of 34.9% higher than the previous reading of 22.9% and forecasts where referring to a value of 23.6%. The actual reading of imports came out at a value of 37.7% higher than the previous reading of 25.3%, whereas expectations were referring to a value of 24.5%.