thursday's trading, page-36

China’s export fall is worse than predicted
By Geoff Dyer and Jamil Anderlini in Beijing

Published: December 10 2008 09:47 | Last updated: December 10 2008 19:20

The impact of the global financial crisis on China became clear on Wednesday when the government revealed that exports fell in November for the first time in almost seven years.

With demand in many of its main markets slowing sharply, Chinese exports declined 2.2 per cent from a year earlier. Imports also fell 17.9 per cent from a year earlier, according to Chinese customs figures, prompting the government to announce plans to further boost the economy.


Gee is anyone surprised by this????? would have expected more 2.2%