Thursday, February 12, 2009

Trade decline in Asia

Power plants in China burned 1.69 million tonnes of coal, 17% less than in January 2008. Coal stockpiles at power plants more than doubled from January 2008 to 36.4 million tonnes. Electricity generation fell 6.7% in the first half of January from January 2008. US exports in December were down 8.4% from December 2007 while imports were down 14.7%.

Exports in fugures:
January exports from China, Taiwan (down 42%)
South Korea (down 33%)
India (merchandise exports down 22%)
Japan (export figures down 35%).

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