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By Philippe Legrain 1 COMMENT

China’s latest trade figures show that its imports soared by 66% over the past 12 months, while exports grew by 24%. As a result, China recorded its first monthly trade deficit in 6 years.

Contrary to those who accuse China of being a drag on the global economy, it is a leading engine of growth.

Posted 12 Apr 2010 in Blog, China, Global Economy, Trade
  1. vimothy says:

    What, on the back of a one month deficit?

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