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	<title>Global Trade Success &#187; Trade Surplus</title>
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		<title>&#8220;China’s Imports is a Source of Support for the Global Economy&#8221;</title>
		<link>http://www.globaltradesuccess.org/global-trade-relations/china%e2%80%99s-imports-is-a-source-of-support-for-the-global-economy</link>
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		<pubDate>Mon, 15 Mar 2010 17:59:11 +0000</pubDate>
		<dc:creator>lara</dc:creator>
				<category><![CDATA[Global Trade relations]]></category>
		<category><![CDATA[Import]]></category>
		<category><![CDATA[Global Trade]]></category>
		<category><![CDATA[Trade Surplus]]></category>
		<category><![CDATA[US-China Trade]]></category>

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		<description><![CDATA[BusinessWeek reports that China Trade surplus fell making many believe that China is not just an exporting country anymore.   Imports rose a more than 44.7 percent from a year ago, the Chinese customs bureau reported on its Web site today. The surplus was $7.61 billion, and exports gained 45.7 percent. “The sustained strength in China’s imports is [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.businessweek.com/news/2010-03-09/china-trade-surplus-falls-as-import-surge-aids-world-update1-.html" target="_blank">BusinessWeek</a> reports that China Trade surplus fell making many believe that China is not just an exporting country anymore.  </p>
<p>Imports rose a more than 44.7 percent from a year ago, the Chinese customs bureau reported on its Web site today. The surplus was $7.61 billion, and exports gained 45.7 percent.</p>
<blockquote><p>“The sustained strength in China’s imports is a source of support for the global economy,” said David Cohen, an economist with Action Economics in Singapore.</p></blockquote>
<p>On March 6th, Commerce Minister Chen Deming said that the trade surplus fell 50.2 percent in January and February from a year earlier, adding that domestic demand had boosted imports. He said it was too early to say if exports had recovered from the global financial crisis.</p>
<p>To continue reading, click<a href="http://www.businessweek.com/news/2010-03-09/china-trade-surplus-falls-as-import-surge-aids-world-update1-.html" target="_blank"> here</a>.</p>
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