China trade surplus surges despite economic weakness
- Published: 10 Jan 2013 at 10.45
- Online news: World
China's trade surplus surged in 2012, but total imports and exports grew slowly owing to weakness at home and abroad, according to the latest official data, while analysts warned of another tough year ahead.
Containers are seen stacked up at the Yangshan Deep Water Port in Shanghai, on April 16, 2012. China's trade surplus surged 48.1 percent to $231.1 billion in 2012 from the previous year, though total trade volume grew at a much slower pace, according to the latest official data.
The trade surplus in the world's second-largest economy jumped 48.1 percent from the year before to a four-year high of $231.1 billion, the national customs bureau announced on Thursday.
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