China’s exports rose 17.7% n December; 2009 trade surplus fell 34% to $196bn; Maximum loan-to-value on investment residential property set at 60%
Jan 11th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
China's exports rose 17.7% n December; foreign trade in 2009 dropped 13.9 percent from a year earlier to US$2.21 trillion and its trade surplus slid 34.2 percent year on year to $196.1 billion, according to figures released Sunday by the General Administration of Customs (GAC). China also announced on Sunday that the maximum loan-to-value on investment residential property should be 60 per cent.