China’s Jan-Nov. foreign trade down by 1.2 pct to 21.83 trillion yuan

Photo is courtesy of Reuters video file
Photo is courtesy of Reuters video file

CHINA (CCTV) — China’s foreign trade dropped by 1.2 percent year on year to 21.83 trillion yuan in the first 11 months of this year, according to data released by the General Administration of Customs on Thursday.

Of this, export dropped by 1.8 percent to 12.47 trillion yuan and import dropped by 0.3 percent to 9.36 trillion yuan, leaving a surplus of 3.11 trillion yuan, 5.8 percent less.

In the month of November, China’s total import and export rose by 8.9 percent to 2.35 trillion yuan, with export increasing by 5.9 percent to 1.32 billion and import rising by 13 percent to 1.03 trillion yuan.