China's Sept. Trade Gap Jumps 56 Percent


Associated Press
October 12, 2007 - ...plastics and other goods that are considered too energy-intensive or polluting. The United States reported a $232.5 billion trade deficit with China last year, its biggest ever with any country. The gap this year is on track to surpass that. Beijing has let the yuan rise by more than 9 percent against the U.S. dollar since authorities revalued the currency in July 2005. A stronger yuan is expected to help reduce the surplus by making China's exports more expensive abroad, but...


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