China reports fall in December exports; Trade surplus hit a record in 2008 as imports plunged
Jan 13th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
China today reported that exports and imports declined for the second consecutive month in December, reflecting weakening external and domestic demand amidst the global financial crisis. The fall in exports was the biggest in more than a decade while the trade surplus hit a record in 2008, as imports plunged.