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Chinese Exports Fall for Sixth-Straight Month

By Published on .

China's exports, one of the economy's primary drivers, fell 22.6% to $91.94 billion in April 2009 compared to the same month a year earlier, according to the General Administration of Customs. The decline was due to the weakening global economy, the depreciation of major Asian currencies and growing protectionism. Imports also fell, by 23% to $78.8 billion. April was the sixth straight month that both exports and imports shrank.
Source: Xinhua News Agency

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