Listen "China trade surplus tops $1tn for first time amid pivot to counter US lull"
Episode Synopsis
China’s annual trade surplus in goods has topped $1 trillion for the first time, with plunging exports to the United States amid a tariff war more than compensated for by shipments to other markets, new data shows. Figures released by China’s General Administration of Customs on Monday showed the trade surplus for the first 11 months of the year hit $1.08 trillion in November, as exports climbed 5.9 percent year-on-year that month, reversing a 1.1 percent decline the month prior. Mbuyiseni Ndlozi is in conversation with Research Director of the Centre for Africa- China studies, Dr Emmanuel Matambo and Economist and Director at Econometrix, Dr Azar Jammine. See omnystudio.com/listener for privacy information.
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