China Targets Domestic Demand; Trade Surplus Tops $1 Trillion
3:34
YouTubeBloomberg Television
China Targets Domestic Demand; Trade Surplus Tops $1 Trillion
China’s annual trade surplus exceeded $1 trillion for the first time despite a plunge in shipments to the US. Exports rose 5.9% from a year earlier and outpaced a 1.9% gain in imports, according to data published by China’s General Administration of Customs. Meanwhile, the Communist Party’s decision-making Politburo made strengthening ...
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China has executed a former senior banker who was found guilty of taking more than 1.1 billion yuan (US$155 million) in bribes. #china #banker #bribes #asia #scmp #scmpnews | South China Morning Post
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