China's trade surplus falls 12 per cent
| Source: | Lateline Business |
|---|---|
| Published: | Thursday, July 10, 2008 8:59 AEST |
| Expires: | Thursday, August 7, 2008 8:59 AEST |
China's trade surplus fell 12 per cent in the first half of this year, although it still came in at a very healthy $103 billion. The slowing US economy and a rise in the value of the Yuan dampened export demand, while May's devastating earthquake caused a shift in economic focus as resources were poured into the relief effort.
