China exports soar 25%February 8, 2013 - 12:27 AMT PanARMENIAN.Net - China's trade growth surged in January, boosted by the traditional Lunar New Year, AP said. Data reported Friday, February 8 showed exports rose 25 percent, accelerating from December's 14.1 percent. Imports soared 28 percent, more than quadruple the previous month's 6 percent growth. Trade got a boost from the traditional Lunar New Year. Last year, the holiday took place in January, leaving fewer work days and boosting this year's figures by comparison. This year, the holiday takes place in February, so companies rushed to complete import and export orders before shutting for up to two weeks. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |