Russia’s trade with China surges to more than $107 billion

Donald Trump's trade war hits Chinese exports

On a global level, China's exports have grown by 9.9 percent past year, but the Asian country also marked a 15.8 percent growth in imports.

China's foreign trade increased 12.6 percent a year ago to a record $4.62 trillion, a spokesman for the General Administration of Customs, Li Kuiwen, said on Monday. Imports of American goods rose just 0.7 percent over 2017.

But the trade surplus for the world's second largest economy fell 16.2 percent to $351.76 billion, as imports rose 15.8 percent while exports gained 9.9 percent.

China's trade surplus with the United States widened past year, while the country's imports and exports fell in December as the trade war begins to bite in the world's second biggest economy.

Natural gas imports broke the previous record in December, according to the customs data, which was only to be expected as Beijing sought to make sure there would be no repeat of the December 2017 gas shortage, which was brought about by efforts to reduce coal consumption in favor of gas.

More news: Yemen, Iran, Khashoggi murder top Pompeo’s talks in Saudi Arabia

Chinese exports and imports fell last month, indicating U.S. tariffs are beginning to impact the world's number two economy.

The Trump administration also wants Beijing to buy more American goods to narrow a yawning trade gap - a sticking point for USA president - and allow foreign players better access to the Chinese market.

China's trade growth slowed in 2018 as a tariff battle with Washington heated up and global consumer demand weakened.

The country's global trade surplus was $352 billion.

Related News:

  • Robbie Williams 'impersonating Black Country rock legend Robert Plant'

    Robbie Williams 'impersonating Black Country rock legend Robert Plant'

    In December, planning permission for the extension to be built was granted to 44-year-old Williams . Williams is also accused of imitating the Led Zeppelin guitarist's former bandmate...
    Donald Trump's Elizabeth Warren Video Comment Angers Twitter Users

    Donald Trump's Elizabeth Warren Video Comment Angers Twitter Users

    Warren visited the early primary state of New Hampshire Saturday to deliver a message of economic populism and clean government. Trump has repeatedly attacked Warren over her claims of Native American heritage and has publicly nicknamed her "Pocahontas".
    Duchess Kate’s brother opens up about battle with depression

    Duchess Kate’s brother opens up about battle with depression

    He added that it was actually Kate's mental health campaign that had convinced him to come forward about his experiences. "I couldn't communicate, even with those I loved best: my family and close friends", James wrote.
  • This could be our first proper look at the OnePlus 7

    This could be our first proper look at the OnePlus 7

    However, even with the protective casing of the device, there are some things that we have been able to identify. OnePlus 7, as per the leakster SlashLeaks , might come with a pop-up camera or have a sliding camera design.
    Apple 'demanded $1bn' for Qualcomm to get iPhone deal

    Apple 'demanded $1bn' for Qualcomm to get iPhone deal

    According to Blevins's testimony, Apple has also been in talks with MediaTek and Samsung to supply 5G modems for future iPhones. In this case, Apple was in early discussions to put the chips in the 2019 iPhone lineup.
    Patriots' AFC Championship Game hosting hopes dashed by Colts' stinker

    Patriots' AFC Championship Game hosting hopes dashed by Colts' stinker

    It has been 17 years since the Rams' last Super Bowl appearance, when they lost to the Patriots in Super Bowl XXXVI. Comeback kings the New Orleans Saints are hoping a return to the NFC title game next weekend will be a lucky charm.
  • Browns Expected to Hire Todd Monken as OC, Steve Wilks as DC

    Browns Expected to Hire Todd Monken as OC, Steve Wilks as DC

    Kitchens will be introduced Monday at noon during a press conference to be held at FirstEnergy Stadium. The Cleveland Browns' coaching staff is expected to add a pair of notable names in the near future.
    Family put on floor for two-hour flight

    Family put on floor for two-hour flight

    A family were forced to sit on the floor for their two-hour TUI flight to Menorca after discovering their seats didn't exist. TUI said it was "sorry for the way the situation was initially handled" and will contact the family directly to apologise.
    Jayme Closs rescuer:

    Jayme Closs rescuer: "The stars were aligned"

    Jake Patterson had, as it turns out, worked at the same turkey processing plant, but only for a single day three years ago. That background was essential when Closs approached her on the street, told her who she was, and that she needed help.
  • Walmart bans woman for riding electric cart, guzzling wine from Pringles can

    Walmart bans woman for riding electric cart, guzzling wine from Pringles can

    The woman was reportedly riding around on an electric shopping cart that's generally used by people with physical limitations. The Dallas Morning News reported there was no indication the woman had been arrested or charged.
    Everton claim EPL win over Bournemouth

    Everton claim EPL win over Bournemouth

    It was the 24-year-old French centre-back's first goal since he scored for Stoke in a 2-2 draw with Brighton in November 2017. All three of his goals have come from headers inside the box.
    There goes another one: Meghan Markle's female bodyguard quits

    There goes another one: Meghan Markle's female bodyguard quits

    The duke and duchess's private secretary, Samantha Cohen, is also set to leave as planned later this year. The news comes after the departure of Meghan's personal assistant , Melissa, late a year ago .


Most liked

Arctic weather system sparks HEAVY SNOW tomorrow -Britain set for COLDEST weekend
But there is nothing in the next week or so that could indicate any change like the Beast from the East". The Met Office forecast the weather will be windy on Wednesday with rain moving south-eastwards.

Major police presence at UPS facility in Gloucester County
New Jersey police responded Monday morning to reports of an active shooter at an area UPS facility, according to reports. A Gloucester County fire official added that he was told the incident involved a fight between two people inside.

China's trade surplus with the United States grew in 2018 but tariffs bite
However, in a sign that the White House's measures are having an impact, China's exports to the United States sank last month. But the buying fell off a year ago after China imposed a 25% retaliatory tariff on the commodity in the summer.

Ford Explorer ST Packs 400 HP And Looks The Part
The engine bolts to a quicker-shifting 10-speed automatic transmission with paddle shifters that routes power to all four wheels. It has a performance feel with sustained performance capability and wears an unmistakably ST appearance.

China sentences Canadian man to death in drug smuggling case
China has expressed outrage at Meng's arrest and has warned Canada of "severe consequences" if she were not released. His sentencing came during a one-day retrial on Monday.

The Mooch Cast for Next 'Big Brother'
Someone is voted out of the house each week, and the last remaining guest wins a grand prize. Details about Big Brother: Celebrity Edition's Season 2 schedule can be found here .

Kanye West Pulled Out of Headlining Coachella Due to Absurd Dome Demand
So THAT is how it all came to be! Let us know your reactions in the comments (below)! Instead of coming to an agreement, Coachella secured Ariana Grande as a replacement.

Rain makes de Minaur wait a day in Sydney
The 34-year-old Seppi, playing in his first decider in more than three years, hasn't won a tournament since 2012. Sydney-born De Minaur is the first Australian champion at the 134-year tournament since Bernard Tomic in 2013.

Steven Adams bounces back from ankle injury to spur Thunder to victory
Westbrook was his usual stellar self, finishing with 24 points, 10 rebounds, and seven assists to lead the Thunder to the big win. Aldridge scored eight consecutive points with Adams out, but consecutive 3-pointers by Terrance Ferguson tied it again at 126.

The Favourite tipped for Critics' Choice Award glory
Director Lanthimos has been shortlisted for Best Director, with the film also nominated for Best Picture. Adams won for her role in " Sharp Objects " and Arquette won for her role in " Escape at Dannemora ".

Pogba aims a dig at Mourinho tactics after latest Manchester United win
He looked better for England than he did for United. "There is a swagger, an arrogance about the way Rashford leads the line". He added: "The manager told me to get in the box and get goals because I will score if I'm in the box.

Chris Pratt announces engagement to Schwarzenegger
The post also featured a picture of the couple embracing and Schwarzenegger wearing an engagement ring. They reportedly spent New Year's Eve together in Cabo San Lucas, Mexico.

Cockpit voice recorder found from crashed Lion Air plane
The Lion Air crash was the worst airline disaster in Indonesia since 1997, when 234 people died on a Garuda flight near Medan. Lion Air is one of Indonesia's youngest airlines but has grown rapidly, flying to dozens of domestic and global destinations.

4th flu death of the season occurs in Indiana
The CDC recommends flu vaccinations to decrease the risk of contracting the virus and its possibly deadly side effects. This year - in Saskatchewan at least - he said children with flu symptoms should see a health professional right away.

The Samsung Galaxy S10 to debut on the 20th of February
The South Korean brand has lost substantial market share in China following the explosive battery incident two years ago. The company's mobile boss said it is planning to produce over one million units of the phone when it launches.