As the global economic slowdown and decreasing demand in main international markets, international trade in China is lessening gradually.

The country may bear more uncertainties in export and import business because of the worsening situation in the international market.

In the first eight months of the year, China’s exports increased to $937.7 billion by 22.4 percent and 3.3 percent less than last year. Imports were up to 785.7 billion by 30 percent, 10.4 percent than 2007.

Owing to the growth in exports decreasing while imports were increasing, the country’s trade surplus decreased to $152 billion, $10 billion less than the year 2007.

At the same time, China’s exports to U.S.A. just increased by 10.6 percent, Read more…

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demand, economic, exporter, global, slowdown