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 2245 times.
Listing from 2015-05-16 to 2015-05-23
- Most read
- Most e-mailed
1LG aims for wider market share with flagship G4 launch
2Taiwan Tales: Tombs are not for the dead
3China fears student protests, Ma says
4Vietnam rejects ban on South China Sea fishing
5Greenpeace study finds China illegally fishing in Africa