Export missed target as China's economy show signs of slowing down

In a new sign that growth in the world's second largest economy is slowing...

China's foreign trade missed the government's 10-percent annual target for 2012, rising only 6.2 percent, from 2011.

The numbers came from the government on Thursday...

According to China's General Administration of Customs, China's exports and imports totaled just 3.87 trillion U.S. dollars last year - slowing sharply from the 22.5-percent rise, in 2011.

Chinese exports accelerated 7.9 percent year on year in 2012, boosting the country's recovery momentum after growth of exports rebounded in the end of 2012...

But growth of imports remains much lower - up just 4.3 percent...

Meaning China's trade surplus widened to about 231 billion dollars last year, expanding 48 percent from 2011...

Suggesting while the country's economy is recovering, with better demand for its goods overseas, China's domestic consumption is still lagging.