China’s trade surplus hit record in 2021, exports grew at fastest pace since 2011

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China posted a record trade surplus in December and in 2021, driven by stronger-than-expected exports during the global Covid-19 pandemic.

The trade surplus hit $676.43 billion in 2021, the highest level since records started in 1950, expanding from the $523.99 billion in the previous year, according to data released by the country's General Administration of Customs on Friday.

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