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To: BillyG who wrote (32116)4/12/1998 10:03:00 PM
From: John Rieman  Read Replies (2) | Respond to of 50808
 
In the first quarter, China grows...............................

biz.yahoo.com

China's latest trade figures defied expectations of analysts who warned that sharp declines in several Southeast Asian currencies could hit China's exports by making goods from those nations cheaper.

Beijing notched up a first quarter trade surplus of $10.54 billion. Exports hit $40.1 billion in the first three months, growing a year-on-year 12.8 percent.

Export growth was off the 15.7 percent rise in the first two months but showed China was withstanding reasonably well the impact of the Asian financial turmoil on its trade.