Trade surplus witnessed unexpected increase to USD 27.3bn in January.

By bne IntelliNews February 13, 2012
China's trade surplus witnessed a sharp increase to USD 27.3bn in January this year as compared to USD 16.5bn posted in December. As reported by Dow Jones International News, the trade surplus, which defied such expectations, was attributed to low import figures posted during the period. The nation's exports decreased 0.5% y/y and imports decreased 15.3% y/y as compared with a 13.4% and a 11.8% gain registered in December last year.

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