China Exports Soar with Record July Trade Surplus

Huge increase in China's trade surplus and exports in July 2014
China posted record trade surplus numbers in July with soaring exports, statistics which aren’t going to please Washington. China’s trade surplus how stands at $47.3 billion, up 15.7 billion from June, when it sat at $31.6 billion. The US believes the ever growing and consistent trade surpluses from China create a major hurdle to finding balance in the world economy, and the latest news will only reinforce these feelings.

China’s July trade surplus was the largest ever for a single month, and came as a direct result of China’s government measures to prevent the economy from slowing down, which appeared to be happening. The results speak for themselves with a huge inc

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