Im/Ex in April, 2010:First Monthly Trade Deficit in Six Years

摘要

@@ On April 10, 2010, General Administration of Customs of the People's Republic of China (GAC) released the profile of China foreign trade import and export in April and the first quarter of this year. Chinas trade balance turned red in March with the country's first monthly trade deficit in six years. The GAC attributed the March deficit to shrinking exports of labor-intensive products, surging imports and rising commodity prices.