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Trade surplus down 9.6% in January-July period

(Xinhua)
Updated: 2008-08-11 16:45

BEIJING - China's trade surplus fell to US$123.72 billion in the first seven months of this year, down 9.6 percent year on year, the General Administration of Customs said on Monday.

Analysts said the fall was partly a result of China's policies to tame surplus, but was also in part because of the rising prices of imported energy and resources.