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Trade Surplus Hits US$1.68 Bln, down Sharply in April

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China posted a trade surplus of US$1.68 billion in April, down 87 percent from a year earlier, the General Administration of Customs (GAC) said on Monday.

According to the GAC figures, China's exports in April totaled US$119.92 billion, up 30.5 percent from a year ago, while imports totaled US$118.24 billion, up 49.7 percent year on year. and exports rose 39.4 percent year on year to US$238.16 billion in April.

Taking the first four months together, China's imports and exports totaled US$855.99 billion from January to April, up 42.7 percent from a year earlier.

Trade surplus from January to April plunged 78.6 percent year on year to US$16.11 billion, showed the GAC figures.

(Xinhua News Agency May 10, 2010)