China trade surplus with U.S. rises to record in June

Bloomberg/Miao Han, Zinan Zhao nad Xisoqing Pi/7-13-2018

“China’s monthly trade surplus with the U.S. rose to a record in June, underlining the imbalance at the heart of an escalating trade war between the world’s two largest economies. The trade surplus with the U.S. stood at $28.97 billion, the highest in any month in data back to 1999. Exports climbed to $42.62 billion, also a high, the customs administration said on Friday.”

 

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