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alp227

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Tue May-10-11 01:07 AM
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China's trade surplus beats forecasts, as yuan in focus

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Source: BBC News

China's trade surplus was nearly four times bigger than expected in April, with exports far exceeding imports.

In April the trade surplus was $11.4bn (£6.9bn) according to the customs agency; analysts had expected a figure of about $3bn.

In March, China reported an unexpected trade surplus of $140m.

The news comes during US-China talks on trade relations and will put the issue of the Chinese currency in the spotlight.

Read more: http://www.bbc.co.uk/news/business-13343309

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