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China has collapsed?
Please read the numbers here:
China's trade surplus hit a record high in 2022, boosted by strong exports that powered the country's economy for most of the year until the final quarter.
For the full year, China's exports rose 7% to a new high of $3.59 trillion, beating the 2021 record of $3.36 trillion, according to data released by the General Administration of Customs on Friday.
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.
China's annual foreign trade value topped 40 trillion yuan (about $5.94 trillion) for the first time in 2022, as the country works to better coordinate epidemic response with economic and social development amid complex and severe domestic and international situations, official data showed Friday.
https://www.google.com/amp/s/www.marketw...1673583309
https://news.cgtn.com/news/2023-01-13/Ch...index.html
China has collapsed?
Please read the numbers here:
China's trade surplus hit a record high in 2022, boosted by strong exports that powered the country's economy for most of the year until the final quarter.
For the full year, China's exports rose 7% to a new high of $3.59 trillion, beating the 2021 record of $3.36 trillion, according to data released by the General Administration of Customs on Friday.
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.
China's annual foreign trade value topped 40 trillion yuan (about $5.94 trillion) for the first time in 2022, as the country works to better coordinate epidemic response with economic and social development amid complex and severe domestic and international situations, official data showed Friday.
https://www.google.com/amp/s/www.marketw...1673583309
https://news.cgtn.com/news/2023-01-13/Ch...index.html