China’s April Trade Surplus Expected to Hit $9 Billon
May 8, 2006
May 8, 2006 – Analysts are predicting China’s trade surplus for April will hit $9 billion, almost twice the size of last year’s April surplus. The latest trade numbers will fuel further calls for China to revalue their currency ahead of the U.S. Treasury’s semi-annual report on exchange rates. China’s trade surplus jumped 41.4 percent to a whopping $23.3 billion during the first quarter of 2006.
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