Sharp surge in foreign trade

From: China Daily | Date: August 12, 2003| Author: | Copyright information

China's foreign trade weathered the SARS outbreak and continued robust growth in both exports and imports during the January-July period, customs statistics show.

China's foreign trade totalled US$450.74 billion in the first seven months of 2003 - up 37.9 per cent over the same period last year. But experts believe the impact of SARS on China's foreign trade will gradually show up in the second half of the year, causing a slowdown in trade growth.

Exports rose 33.4 per cent to US$228.41 billion and imports increased by 42.9 per cent to US$222.33 billion from January to July.

The US$6.08 ...

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