China's trade surplus beats forecasts, as yuan in focus

[alp227]

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

[Poll_Blind]

1. I just came here to post this incredible story- you beat me to it. My guess is....

...the Chinese will do everything but let their currency appreciate. A 3x-4x trade surplus is just astounding. I would love to know what types of products they are moving in such legendary volume...

PB

[Poll_Blind]

2. Bump!

PB

[FreeStateDemocrat]

3. I guess the recession is over and Americans are buying Chinese junk again?