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China's Trade Surplus Hit Record High in 2022

Por: MarketWatch Business January 13, 2023

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Imports increased 1.1% in 2022. That translated to an annual trade surplus of $877.6 billion, surpassing the previous high of $676.43 billion in 2021, according to data provider Wind. In December, China's exports plunged 9.9% from a year earlier, dropping for the third consecutive month and posting the biggest contraction since February 2020 when the country was first hit by the Covid-19 virus. The fall in exports also widened from the 8.7%... + full article



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