Nation sees solid foreign trade growth
By Zhong Nan and Jing Shuiyu | China Daily | Updated: 2018-02-09 08:44
China registered robust growth in imports and exports of goods in January, while its trade surplus with the United States shrank amid rising China-US trade tensions, the General Administration of Customs said on Thursday.
The country's imports surged by 30.2 percent year-on-year to 1.19 trillion yuan ($188.34 billion) in January, while exports increased by 6 percent to 1.32 trillion yuan, according to the GAC.
The rising import momentum "indicates domestic demand remains healthy going into 2018", Louis Kuijs, an economist of Oxford Economics, said in a report.
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