China has introduced measures to cool exports China's trade surplus soared 22.7% in January as the economy continued to boom despite efforts to cool the rate of growth, official figures have shown.
The surplus - the gap between what China exports and what it imports - grew to $22.7bn (£11.5bn) last month, compared with $15.9bn a year earlier.
China's exports in January increased 26.7% to $109.7bn, the biggest year-on-year rise in six months.
Imports rose 27.6% to $90.2bn, the biggest increase in almost two years.
This is very significant, because china is the world's fastest growing economy, now with inflation hitting China at a record rate, it is unclear what china will do to cool the economy with the olympics coming up, but i will fallow up on this one
