英闻天下——99 Expert Interprets China's 2012 Foreign Trade Growth
英语课
China's foreign trade growth slowed to 6.2 percent in 2012, which missed the government's 10-percent annual target.
It was also a sharp decrease from the 22.5-percent rise registered in 2011.
In the meantime, exports rose 7.9 percent in 2012 from the previous year, while imports increased 4.3 percent.
Foreign trade surplus widened to 231.1 billion U.S. dollars last year, 48.1 percent more than the level recorded in 2011.
Trade with the United States, the biggest buyer of China's exports, expanded 8.5 percent while trade with Europe and Japan declined.
Now for more on China's foreign trade, we are joined live by Patrick Chovanec, Associate Professor of Practice at Tsinghua University's School of Economics and Management.