China June trade surplus hits record $26.9 bln
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China posted a record trade surplus of $26.9 billion in June as exporters rushed out shipments ahead of cuts in export tax rebates, handing further ammunition to critics of Beijing's exchange rate regime.
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The British pound struck a fresh 26-year high point on inflation concerns Tuesday while the euro hovered around its record peak against the dollar.
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TOKYO : Japan&#39;s trade surplus in July jumped 44.2 percent from a year earlier to 1.14 trillion yen (10.4 billion US dollars), the finance ministry said Thursday.
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China posted its biggest trade surplus in nine years in December, data showed on Tuesday, as the country's booming exports showed little sign of trailing off.
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The U.S. trade deficit soared to a record of &#36;617.7 billion last year as Americans' appetite for all things foreign, from crude oil to cars, hit all-time highs. The United States even rang up a deficit in farm goods as imports of wine, cheese and other food products hit a record.
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JapanÂs trade surplus was sharply higher in August compared with a year earlier as companies shipped more cars and steel to global markets. The trade surplus widened 95.5 percent, to 200.5 billion yen ($1.71 billion) as exports to the United States grew 19.3 percent and sales to China expanded 20 percent, government data showed. The value of exports of automobiles to the United States rose 49.3 percent from a year earlier, the fastest pace since January 1997.
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BEIJING, March 12--China reported that its trade surplus in February surged ninefold from the same period a year earlier to $23.76 billion -- one of the highest monthly totals ever -- as top Chinese government officials reaffirmed promises to take measures to try to halt the widening gap.
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The U S trade deficit set a record for a fifth straight year, and the imbalance with China soared to an all-time high as well.
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[Business India]: New Delhi, Dec. 11 : In a big upsurge on the export front, India&#39;s merchandise exports in the month of November have registered a record increase of 26 per cent over the same month last year.
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China's global trade surplus in January rose 22.7 percent compared with the year-earlier period to $19.5 billion, a state news agency reported Friday.
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China's trade surplus has surged to an almost record level in February, official state figures show.
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BEIJING -- China wants to keep its trade surplus in check this year, Commerce Minister Bo Xilai said today.
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The US trade deficit hit a record high of $68bn in July, due to the rising cost of oil imports, official figures show.
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The deficit in the broadest measure of trade climbed to a record high of $164.7 billion in the third quarter of this year, reflecting Americans' hardy demand for imported oil and foreign-made goods.
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Chinaâs inflation rose to 6.5 percent in August, an 11-year high, and the trade surplus widened by 33 percent to $24.97 billion, the second-highest monthly level on record.
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China Petroleum &amp; Chemical Corp., Asia&#39;s biggest oil refiner, had a 92 percent increase in second- quarter profit on rising demand for fuel from China&#39;s motorists and power generators.
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Chinaâs trade surplus rose to $26.9 billion in June, showing that demand for the countryâs goods remains strong despite concerns about their safety.