Chinese Trade Balance Surplus Unexpectedly Declined In January

(For January 2011)

China trade balance was reported at USD 6.5 billion vs. USD 13.1 billion in December and USD 11.3 billion consensus. Export and import growth were running at 37.7 and 51.6 percent vs. 17.9% and 25.6% in December.

Trade balance shrunk on increased imports before holidays and on rising pressure from commodity prices.

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This entry was posted on Monday, February 14th, 2011 at 2:20 am and is filed under China, Commodities. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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