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Excerpt from:  China Supply Chain and Logistics Strategy
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February 27, 2008

Trade surplus continues to rise in January

The trade surplus in January reached 19.49 billion US dollar, up 22.6 percent comparing to last year

Exports and imports both grew in January. Exports were up by 26.7 percent year-on-year and reached 109.66 billion US dollars. Imports were up by 27.6 percent and reached 90.17 billion US dollars.  

The surplus is predicted to be lessening as exports are expected to slow down due to the slow economy in the United States. Additionally, China has placed more government policies to cut export rebates and restrict certain trade.

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PermalinkChina's monthly trade surplus up 22.6% in January
.People?s Daily Online
.http://english.people.com.cn/90001/90776/90884/6355045.html
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