Breaking News

Tag Archives: China trade surplus

U.S. Not Fully Developed — Trump

President Donald Trump on Monday said the United States was not a fully developed country. Trump stated this at a news conference outside the White House that coincided with the U.S. Labour Day celebration. According to him, the World Trade Organisation (WTO) treats China as a developing nation, and the …

Read More »

China’s Trade Surplus Widened Despite U.S. Sanctions

China’s trade surplus widened sharply to USD 58.93 billion in August 2020 from USD 34.72 billion in the same month the previous year and far above market expectations of USD 50.5 billion. Exports rose by 9.5 percent, the fastest pace since March last year, while imports unexpectedly fell by 2.1 …

Read More »