Foreign exchange News
China imports, exports dip as global crisis runs course
China’s imports in January fell the most since the depths of the global financial crisis, raising concerns that demand may be weaker than previously thought even allowing for Lunar New Year factory shutdowns.
Imports sank 15.3 per cent in January versus January 2011 — the lowest since August 2009 — while exports fell 0.5 per cent over the same period, the worst showing since November
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