www.ligahordy.fora.pl

cheapbag214s · Posted: Wed 7:45, 27 Nov 2013 Post subject: $147.19 billion

China's June trade figures indicative of slowing economy
BEIJING, July 10 () -- China recorded a June trade surplus of $27.13 billion, but in a sign of its weakening economy, both exports and imports fell during the month,[url=http://www.ewwealth.com/]christian louboutin discount[/url], data showed.China's General Administration of Customs on its web site reported Wednesday June exports totaled 1.09 trillion yuan ($174.32 billion),[url=http://www.tymarc.com/]christian louboutin outlet[/url], down 3.1 percent year-on-year, while June imports of 0.91 trillion yuan ($147.19 billion) were down 0.7 percent.June's trade surplus of $27.13 billion was down 14 percent year-on-year.Total foreign trade volume in June declined 2 percent to $312.51 billion, the agency said. In May, China had a trade surplus of $20.43 billion.The customs agency said in the first half of this year, both imports and exports have shown a gradual declining trend.China is facing economic slowdown, blamed on global conditions and weak domestic demand. In 2012, the economy expanded 7.8 percent,[url=http://www.ksacinc.com/cheapbeats/?]beats by dre outlet[/url], the slowest growth in 13 years. The government has set a growth target of 7.5 percent for this year.Earlier, the government reported China's inflation rose to 2.7 percent year-on-year in June from 2.1 percent in May, blamed largely on higher food prices. Food prices in June jumped 4.9 percent month on month.