China January trade surplus up 88% to 367 billion yuan

China's trade surplus rose 88 percent to reach 367 billion yuan in January, as the country's imports declined more rapidly than its exports, official data said on Sunday. Exports from the world's second-largest economy fell 3.2 percent year-on-year to 1.23 trillion yuan in January, while imports decreased 19.7 percent to 860 billion yuan, the General Administration of Customs said on its website. The latest figures come after China's trade surplus soared 47.2 percent in 2014