China’s trade surplus widened and exports
recovered last month, offering support to a weakening currency
that has roiled global markets this year.
The nation’s trade balance widened to $60 billion, taking
the full-year tally to $594.5 billion, helping offset capital
outflows that have pressured the yuan. Exports slid 1.4 percent
in U.S. dollar terms in December from a year earlier, while
rising when counted in the local currency.