INTERNATIONAL CHRISTIAN

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FACTS ABOUT CHINA

Exports: $194.9 billion (f.o.b., 1999)
Exports - commodities: machinery and equipment; textiles and clothing, footwear, toys and sporting goods; mineral fuels, chemicals
Exports - partners: US 22%, Hong Kong 19%, Japan 17%, Germany, South Korea, Netherlands, UK, Singapore, Taiwan (1999)
Imports: $165.8 billion (c.i.f., 1999)
Imports - commodities: machinery and equipment, plastics, chemicals, iron and steel, mineral fuels
Imports - partners: Japan 20%, US 12%, Taiwan 12%, South Korea 10%, Germany, Hong Kong, Russia, Singapore (1999)
Debt - external: $159 billion (1998 est.)
Currency: 1 yuan = 10 jiao
Exchange rates: yuan per US$1 - 8.2793 (January 2000), 8.2783 (1999), 8.2790 (1998), 8.2898 (1997), 8.3142 (1996), 8.3514 (1995)
note: beginning 1 January 1994, the People's Bank of China quotes the midpoint rate against the US dollar based on the previous day's prevailing rate in the interbank foreign exchange market