July 10, 2012 12:44 PM

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China's trade surplus widens on weak imports

China's trade surplus widened in June as import growth weakened, underscoring worries about both the domestic and global economy. The customs bureau said the trade surplus grew to 31.73 billion dollar up 42.9 per cent from the same month last year. The main contributor was weak imports which grew 6.3 per cent, about half the pace, analysts were expecting. China's domestic economy has been one of the major drivers of global growth.

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