China's Imports and Exports Rise 26.4% as Trade Surplus Drops 9.6% in First Seven Months of 2008
Posted on August 14, 2008 at 01:00 AM EDT
BEIJING--August 14, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--From January to July 2008, China's accumulated imports and exports reached $1.48 trillion, an increase of 26.4% compared with the same period last year. Exports totaled $802.91 billion, up 22.6%, and imports reached $679.2 billion, up 31.1% year over year. An accumulated trade surplus of $123.72, a drop of 9.6% year over year, was registered, the General Customs Administration of China announced on August 11.