China’s trade surplus widened last month to the largest in more than four years as exports exceeded estimates, in a sign global demand is helping sustain a recovery in the world’s second-biggest economy.
China’s exports rose more than estimated in November, pushing the trade surplus to the highest in more than four years in a sign global demand is helping sustain a recovery in the world’s second-biggest economy.
Shanghai ordered vehicles off the road and factories to cut production after pollution reached hazardous levels, as Hong Kong announced plans to introduce an air quality index that assesses health risks from smog.
U.S. Vice President Joseph Biden called on China as a rising economic power to act responsibly and said its escalation of a territorial spat with Japan had caused significant apprehension throughout Asia.
Britain’s national security adviser is to clear China’s Huawei Technologies Co. of leaving its equipment open to Chinese spying, while recommending that British agencies look at how they can tighten procedures.