Foreign Trade Value up 30%
Submitted by Bill Belew on Thursday, 1 March 2007No Comment
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?
Leave a comment!