China’s exports, imports fall in December

By IANS,

Beijing : China’s exports and imports declined for the second consecutive month in December, reflecting deteriorating demand in external and domestic markets amid the global financial crisis.

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The country’s exports fell 2.8 percent in December from a year earlier to $111.16 billion, while imports in the month totalled $72.18 billion, down 21.3 percent year on year, the General Administration of Customs said Tuesday.