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China's exports, imports drop

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BEIJING, China (CNN) -- China's exports declined for the second straight month in December, a byproduct of the global economic crisis, Chinese state media reported Tuesday.

December exports fell 2.8 percent from a year earlier, while imports dropped 21.3 percent as the nation dealt with the decline in international trade and the weak U.S. economy, according to customs figures quoted in the newspaper China Daily.

Exports fell 2.2 percent in November. The drop in exports for the second consecutive month marked the first such instance in a decade, the newspaper reported.

The decline was attributed to falling demand in the United States and the European Union.

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