BCN-06 China trade surplus with US widens 7.1% to $317 bn in 2020: official

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BCN-06

ECONOMY-CHINA-US

China trade surplus with US widens 7.1% to $317 bn in 2020: official

BEIJING, Jan 14, 2021 (BSS/AFP) – China’s trade surplus with the United States widened last year despite a partial trade deal requiring Beijing to boost purchases, official figures showed Thursday.

China’s customs administration data showed the surplus climbed 7.1 percent to $316.9 billion, with outbound shipments boosted by sales of electronics goods and protective gear.

BSS/AFP/MSY/0950 hrs