China's trade surplus with the US declined in January
|China trade surplus with the US fell to $27.3 billion in January, from $29.87 billion in December.
The overall trade surplus widened to $39.16 billion in January, beating the forecasted figure of $33.5 billion.
China's trade surplus has been a major bone of contention and the drop seen in January is not big enough to ease trade tensions between Beijing and the White House.
It is worth noting that last year China logged a record high trade surplus of $323 billion with the US.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.