China's Imports and Exports Drop 29% in January

BEIJING--February 20, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--In January, China's imports and exports totaled $141.8 billion, a drop of 29% compared with the same period last year. Exports totaled $90.45 billion, down 17.5%, and imports totaled $51.34 billion, down 43.1%. A trade surplus of $39.1 billion was registered, a jump of 102% year over year, the General Customs Administration of China announced on February 11.