Foreign Trade Value up 30%

Posted by Bill Belew on March 1st, 2007 in Doing Business in China | No Comments

China's foreign trade value jumped 30.5% over January of last year to $157 billion.

Exports were up 33% and imports wer up 27.5%….for a trade surplus of about $16 billion.

Last year, China's Lunar New Year was in January. China shuts down for a week during the Lunar New Year Holidays.

Still…the increase is said teo be high.

China's top three trading partners were:

1. The European Union – $26.46 billion

2. The United States – $23.43 billion…buy more Chinese! buy more Chinese!

3. Japan – $17.51 billion.

India moved in to the top ten trading partners with China at $2.63 billion.

Stocks are down, then up again. Exports of Chinese goods are up…up…up….

What have you bought recently that was NOT made in China?

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