Exports hit $130.7 billion during the month as global trade perked up, bringing China’s full-year export figure to $1.20 trillion, according to figures from the General Administration of Customs.
The nation’s trade surplus hit $18.4 billion for the month of December,
According to Agence France, ” With China’s trade data for all of 2009 now out, the nation’s crowning as the 2009 export champion is expected to be confirmed when Germany releases full-year trade figures on February 9.”
We wonder if predatory currency manipulation might be involved?
Great discussion of this issue here.