The General Administraion of Customs now says that this country is currently running a trade deficit of about 1 billion U.S. dollars, the first quarterly trade deficit in six years.
Last year through the first quarter, there was a trade surplus of nearly 14 billion U.S. dollars.
Exports are up 26 percent year on year, while imports are up some 32-percent.
Vehicles, iron ore and other commodities are leading the rise in imports.
