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| India Replaces Canada as China's 10th Largest Trading Partner |
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India overtook Canada to become China's tenth largest trading partner in January as monthly trade between China and India soared 63.3 percent to US$2.63 billion, latest customs statistics show. The European Union, the United States and Japan remained China's top three trading partners during the period, with bilateral trade volume of US$26.46 billion, US$23.43 billion and US$17.51 billion respectively, up 37.9 percent, 27.8 percent and 26.5 percent each, according to the General Administration of Customs. Sino-Canadian trade volume stood at US$2.23 billion last month. South China's Guangdong Province reported US$44.96 billion of foreign trade in January, accounting for 28.6 percent of the national total. It was followed by east China's Jiangsu Province and Shanghai. (Xinhua News Agency February 12, 2007) |
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