China's export growth accelerated in the first half as more companies moved production to the country and a weaker currency made Chinese goods cheaper. Exports grew 14.2 percent in the first six months of this year from a year ago to US$142.1 billion, Vice Foreign Trade Minister Ma Xiuhong said in a speech in Hong Kong. That was higher than the 13.2 percent gain in the first five months of this year, indicating growth accelerated in June. Last year, exports rose 6.8 percent. Rising overseas demand probably helped Asia's second-largest economy expand 7.5 percent in the first half and may lift full- year growth to 8 percent, an official said.
Home / World Business Quick Take
Fri, Jul 12, 2002 - Page 12 News List
China exports grew 14.2%
This story has been viewed 2335 times.
Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.
Listing from 2016-11-27 to 2016-12-04
- Most read
- Most e-mailed
1Tsai-Trump telephone call scheduled
2Former president Lee urges Tsai to lead Taiwan without fear of Beijing
3Falling through the cracks
4Tsai’s approval rating hits new low
5Taipei Watcher: Give marriage equality a chance