Tuesday, September 14, 2004

China trade grows by 38 percent over 2003

China's import and export volume hit 722.13 billion US dollars in the first eight months of this year, up 38.2 per cent year on year. Trade surplus in August alone was 4.49 billion dollars, the largest since this year.

Who grows trade by 38 percent in a year? It's quite obvious this is not sustainable growth, but hey, I'm gonna ride the wave until it lays me on the sand...with a bundle of money for me and all my clients.