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Nov exports contract 2.2%, first time since June 2001

(Xinhua)
Updated: 2008-12-10 17:13

Special coverage: Coping with Financial Crisis Related readings:  Expert: China's exports to grow 15% in 2009  China lifts tax rebates to boost export  China makes new moves to boost exports

China recorded $114.99 billion worth of exports last month, down 2.2 percent from the same period last year, the General Administration of Customs said on Wednesday.

It was the first time since June 2001, when China's monthly exports were down slightly by 0.6 percent from a year earlier because of slump demand from the US economy after the high-tech bubble burst.