China's gas imports jump to record high as winter weather bites

China's US surplus jumps as trade with world picks

China's US surplus jumps as trade with world picks

Specifically, China's exports to Taiwan were valued at 297.9 billion yuan in 2017, while its imports were 1.05 trillion yuan, an annual growth of 12.2 percent and 14.5 percent, respectively, the data indicated.

The billionaire's comments and economically nationalist platform - including pulling out of a key Pacific pact and threatening to tear up another with Canada - have fanned fears of a trade war.

The European Union, US and ASEAN remain China's top three trade partners, representing almost 42 percent of the total volume, while trade with Russia, Poland and Kazakhstan saw rapid growth of between 20 and 40 percent due to the new Silk Road scheme. Forecasts in a Bloomberg survey were for of 15.1 percent import growth.

Strong global demand saw China's foreign trade activities increase considerably in 2017, the General Administration of Customs reported Friday.

Indeed, China became the world's biggest global trader in 2013, but lost its position at the summit to the USA in 2016 following two hard years of difficulties.

All the fashion you missed from the Critics' Choice Awards
Later, Prince was spotted speaking with fellow nominee Jacob Tremblay , 11, who gave her a congratulatory hug. The music did have one fan, though, in director Guillermo del Toro , "This music is very nice".

A commerce ministry spokesman, Gao Feng, said at a briefing on Thursday that China will "adopt all measures necessary to firmly protect the country's lawful interests and rights, should the USA perversely take unilateral protectionist actions".

China's crude oil imports were down 12 percent last month, albeit from near-record levels above 9 million barrels per day in November, weighing on futures prices on Friday. The president has connected the two issues a number of times.

China, the main source of North Korea's fuel, did not export any gasoline, jet fuel, diesel or fuel oil to its neighbour in November.

But import growth will likely lose momentum this year on weakening domestic demand, as continued government efforts to deleverage the financial sector and curb opaque borrowing by local authorities are set to slow investment in infrastructure and real estate, analysts said.

China's exports to the rogue nation did expand 8.3 percent a year ago, but it has drastically cut its reported oil shipments in recent months.

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