China November services trade deficit widens to $15.6 billion
By: Reuters | Dec 30 2015 at 05:08 PM | International Trade
China's trade deficit in services widened to $15.6 billion in November from $14.1 billion in October, the foreign exchange regulator said.
For January-November, the deficit in services trade stood at $187.9 billion, the State Administration of Foreign Exchange (SAFE) said in a statement.
A $14.0 billion gap in spending between Chinese and foreign tourists has led to November's deficit.
China had a $51.4 billion surplus on trade of goods in November, according to the same statement.