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ECONOMY
THIS WEEK> THIS WEEK NO. 3, 2012> ECONOMY
UPDATED: January 13, 2012 NO. 3 JANUARY 19, 2012
Surplus Shrinks
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China's trade surplus narrowed 14.5 percent year on year to $155.14 billion in 2011, the General Administration of Customs (GAC) said on January 10.

The figure shrank from $295.47 billion in 2008, $196.07 billion in 2009 and $183.1 billion in 2010.

The country's foreign trade rose 22.5 percent in 2011 from a year earlier to $3.64 trillion.

Exports rose 20.3 percent to reach $1.9 trillion last year and imports grew 24.9 percent to $1.74 trillion.



 
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