China: Adverse Balance of Trade of Bearing Industry Arose in the First Half Year

According to figures provided by customs of China, in the first half year China exported 0.877 billon psc bearings to 117 countries, earning foreign exchange 0.398 USD, compared to last year , they increased 3.34%and12.87% .It imported 0.628 pcs bearings, costing 0.408billion USD, compared to last year , they increased 48.28%and 47.575%. Adverse balance of trade of bearing industry arose in the first half year; the sum of money is 10,000,000USD.