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Reply #85: China's 2011 trade surplus may drop to 100 bln USD: central bank advisor [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-16-11 10:33 AM
Response to Reply #18
85. China's 2011 trade surplus may drop to 100 bln USD: central bank advisor
http://news.xinhuanet.com/english2010/business/2011-05/16/c_13876929.htm

BEIJING, May 16 (Xinhua) -- China's trade surplus may drop to around 100 billion U.S. dollars in 2011, the China Securities Journal quoted a central bank advisor as saying in a Monday report.

Li Daokui, a member of the monetary policy committee of the People's Bank of China, the country's central bank, made the remarks at the 3rd International Business Development Forum held in Beijing on May 14, according to the report.

Li said in the report that the country's trade surplus is likely to decrease to 120 billion or even 100 billion U.S. dollars by the end of the year, compared with 2010's trade surplus of 180 billion U.S. dollars.
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