Despite reporting slower growth in exports as a result of the US subprime crisis and the falling dollar, China's trade surplus increased 47.7% in 2007 to reach a record $262.2 billion. Total trade for 2007 increased 23.5% year-on-year to $2.17 trillion, with exports rising 25.7% to $1.22 trillion while imports climbed 20.8% to $955.8 billion.

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