China's trade surplus jumps in October to new monthly high of US$27 billion


The Canadian Press
November 12, 2007 - China's trade surplus for the first 10 months jumped a massive 59 per cent to US$212.4 billion and already has surpassed the full-year record of US$177.5 billion set last year.The news adds to international pressure on Beijing to act on trade barriers and currency.Some U.S. lawmakers are demanding sanctions if Beijing fails to ease currency controls.The European Union says it also will press China for action at a summit this month.Chinese leaders say they...


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