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BEIJING — China’s trade surplus with the United States fell in January as demand for Chinese goods weakened amid fears of a U.S. recession, while the surplus with Europe surged by 42 percent, according to data reported Thursday.
The surplus with the United States was $12.1 billion, down 6.7 percent from January 2007, the Chinese customs agency reported. The trade surplus with the 27-nation European Union widened to $13.7 billion.
China’s trade surplus — or the amount that exports exceed imports — with the EU has risen sharply in the past year, prompting European officials to join Washington in lobbying Beijing for faster action on currency and trade barriers.
