Sunday 12 January 2014

China's trade with Japan down 2nd year in row

Chinese officials say their country's global trade volume increased 7.6 percent from the previous year in 2013, topping 4-trillion dollars for the first time, while trade with Japan decreased for a 2nd year in a row.
Chinese customs authorities on Friday released trade figures for last year. Total exports were up 7.9 percent from 2012, totaling 2-trillion 210-billion dollars. Imports amounted to 1-trillion 950-billion dollars, up 7.3 percent.Recovery of the global economy apparently favored China's exports, while stable growth of the domestic economy contributed to fairly high growth of imports.
Trade with Japan, on the other hand, fell 5.1 percent to 312.6-billion dollars, with exports down 0.9 percent to 150.3-billion dollars and imports down 8.7 percent to 162.3-billion dollars.

Source: NHK

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