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06-04-2007 China's
exports of automotive products soared 50 percent in the first two months compared
to the same period last year, according to figures from the General Administration
of Customs. In January, automotive products exports rose 43.1 percent
year on year to 2.76 billion U.S. dollars, while imports surged 50.7 percent to
1.95 billion dollars. February's exports dipped 1.45 percent from the
previous month, but were 68.8 percent higher than February last year at 2.72 billion
U.S. dollars. Meanwhile, imports declined to 1.28 billion U.S. dollars,
down 10.1 percent from the previous year.
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