Tag: Imports

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China Trade Now Bigger than US

Chinese state media reports foreign trade surged in January. Exports jumped 25%, and imports increased 28%. The growth was bigger than the increase seen in December, from Xinhua: “A lower comparative base last year caused by fewer working days has helped push up the growth rate this year,” said Li Jian, a foreign trade expert from a research institute at the Ministry of Commerce (MOC). Imports continued a recovering trend due to a warming domestic market. Imports