In December, China’s exports exceeded expectations, while imports fell slightly below expectations.
According to data released by the National Bureau of Statistics on Friday, exports to China were slightly above expectations in December, while imports fell short of expectations.
Imports in the country increased by 19.5 percent in dollar terms compared to the same period of the previous year; the expectations were for an increase of 27.8 percent in imports. Exports for the same period were 20.9 percent, slightly above the expectations of 20 percent.
Thus, the trade surplus in China reached 94.5 billion dollars, exceeding the economists’ expectation of 74 billion dollars.
China’s exports increased by 29.9 percent in the whole of 2021. The increase in imports was 30.1 percent.