China’s Trade Balance: Surplus widens more-than-expected in December as exports surge

China's Trade Balance for December, in Chinese Yuan terms, came in at CNY540.90 billion, widening from the previous figure of CNY490.82 billion.

Exports jumped 3.8% YoY in December vs. 1.7% seen in November. The country’s imports climbed 1.6% YoY in the same period vs. 0.6% booked previously.

In US Dollar terms, China’s trade surplus grew in December.

Trade Balance came in at +75.34B versus +74.75B expected and +68.39B previous.

Exports (YoY): 2.3% vs. 1.7% exp. and 0.5% previous.

Imports (YoY): 0.2% vs. 0.3% exp. and -0.6% last.