China posts another massive trade surplus

The trade war isn’t hurting China as it posted another massive trade surplus in November, one of its largest ever.

• Surplus of USD 111.68 billion vs $90.7 billion prior
• USD denominated Nov imports +1.9%
• USD denominated Nov exports +5.9%
• Nov rare earth exports 5494 tonnes vs 4343 tonnes in Oct
• Year through Nov surplus of 7708 billion yuan

These are astonishing numbers given the trade war. China is steamrolling the global competition for exports.

This article was written by Adam Button at investinglive.com.