As per the news published in various newspapers China had to face its first ‘Trade Deficit’ in six years. This means China—

• A. did not earn as much from its exports as it had to pay for its imports
• B. earn much more than its expectations on its exports and paid very less on imports
• C. has decided to stop imports and exports for the time being as it is producing just enough for tis consumption
• D. has failed to keep its commitment to supply (export) goods as promised to various countries. The result is it may have to devalue its currency (Yuan) as it has lost its credibility in the market
• E. None of these