China’s Trade Surplus Approaching $100 Billion
December 9, 2005
December 9, 2005 – China’s trade surplus increased $10.5 billion in November, pushing their surplus for the year to an astounding $90.82 billion. Experts expect China’s trade surplus to exceed $100 billion in 2005, highlighting the urgent need to force the Chinese to strengthen their currency.
China has already shattered their record trade surplus of $32 billion in 2004.
Read the entire Reuters article.