China recorded another large trade surplus in November of $22.9bn as both exports and imports grew strongly, putting more pressure on the Chinese authorities to raise interest rates and let its currency appreciate.
Exports grew 34.9 per cent in November over the same month the year before, much faster than forecast, and potentially a sign that demand from developed economies is picking up. In October, exports rose 22.9 per cent.
Imports to China were also well ahead of forecasts, increasing by 37.7 per cent over the year before, compared to an increase of 25.3 per cent in October.
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