Big boost for Portugal’s exports to China

Portuguese exports to China in the first nine months of 2012 more than for the whole of 2011, according to Portugal’s ambassador to China. “There was a slight slowing in September, but the figures remain encouraging,” the Portuguese ambassador, José Tadeu Soares told Portuguese news agency Lusa. According to Soares, figures from the Chinese Customs Service showed that, between January and September of this year, Portuguese exports to China totalled US$1.192 billion, which was an increase of 45.8% against the same period of 2011. Portugal’s imports from China, meanwhile, fell 12.8%, to US$1.877 billion.