China's trade slid in January

Note: This section contains information in English only.
Source: Bloomberg
Chinese exports and imports contracted more than expected in January, performing the first drops in 24 months as Lunar New Year holidays hindered trade and commodity value faded. Foreign shipments lost 0.5% while imports fell 15.3% from previous year. Economists predicted the decline in imports may reach 3.6%. Nation's trade surplus surged to USD 27.3 billion. 
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