China Jan exports slump 6.6 per cent

Monday February 15 2016

A labourer walks on the steel bars at a steel and iron factory in Changzhi, Shanxi province January 11, 2010. Africa's exports to China plummeted in 2015m officials say. PHOTO | AFP

A labourer walks on the steel bars at a steel and iron factory in Changzhi, Shanxi province January 11, 2010. PHOTO | AFP 

By AFP
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China's exports tumbled 6.6 percent year-on-year to 1.14 trillion yuan (around $174 billion) in January, authorities said Monday, as the struggling manufacturing sector remained a drag on the world's second-largest economy.

Imports fell sharply 14.4 percent year-on-year to 738 billion yuan in January, Customs said. The monthly trade surplus rose 12.2 percent to 406 billion yuan.