China's trade surplus drops to five month low
15:24, October 13, 2010
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China's exports rose 25.1 percent in September compared to the same period last year as imports climbed 24.1 percent, leaving a trade surplus of nearly 17 billion U.S. dollars, the General Administration of Customs said on its website on Oct. 13.
China's trade surplus dropped from nearly 20 billion U.S. dollars in August. The General Administration of Customs noted that the trade surplus was at a five-month low and that month-on-month import growth hit a record high. Chinese exports increased last month to 145 billion U.S. dollars, up 25.1 percent from September last year, while imports increased to 128 billion U.S. dollars, an annual increase of 24.1 percent. In August, imports grew 35.2 percent from a year earlier, while exports expanded by 34.4 percent. By Huang Beibei, People's Daily Online |
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