China January trade surplus a record high as exports slump

China's monthly trade surplus rose 88 percent to reach a record 367 billion yuan ($59 billion) in January, as the country's imports plunged and exports fell sharply on sluggish demand, data said Sunday. Exports from the world's second-largest economy fell 3.2 percent year-on-year to 1.23 trillion yuan ($197 billion), China's custom's administration said on its website. China's imports fell 19.7 percent from a year earlier to 860 billion yuan ($138 billion), the larg