Export Powerhouse China's Trade Surplus
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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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Trade between China and the United States maintained a strong momentum of development in 2004. The later maintained one of China&#39;s top three trade partners with both cooperation as well as disputes.
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WASHINGTON -- The U.S. trade deficit in November surged to the highest level in 14 months, reflecting record foreign crude oil prices. The deficit with China declined slightly while the weak dollar boosted exports to another record high.
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The surplus hit $22.5 billion, up 73 percent from last May, the Chinese customs agency said Monday on its Web site.
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America&#39;s trade deficit swelled to an all-time high of $55.5 billion in October as imports -- including those from China -- surged to the loftiest levels on record.
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China&#39;s total trade volume will reach 1.1 trillion US dollars in 2004 -- up 30 percent over 2003 --with a trade surplus of about 10 billion US dollars, said Assistant Minister of Commerce Yi Xiaozhun.
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America's trade deficit swelled to an all-time high of &#36;55.5 billion in October as imports &#151; including those from China &#151; surged to the loftiest levels on record. Skyrocketing crude-oil prices also contributed to the yawning trade gap.
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China's trade surplus rose a bigger-than-estimated 73 percent in May from a year earlier, increasing pressure on the government to allow faster currency gains.
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Japan posted a trade surplus of 4.4 billion yen ($36.41 million) in January, reversing a deficit of 354 billion yen in the month a year earlier, government data showed. Analysts had expected a deficit of 150 billion yen. Japan logged its first monthly trade deficit in five years in January last year. Exports in January rose 18.9 percent from a year earlier, while imports were up 10.9 percent. Exports to the United States increased 5.5 percent from a year earlier, to 1.2541 trillion yen, while those to China rose 50.8 percent, to 893.5 billion yen.
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China has seen its trade surplus hit $22.4bn in May from a year earlier, according to official data.
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Exports from China are shifting from basic goods like textiles, toys and shoes to higher-value industrial goods that compete more directly with products from advanced industrialized countries.
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Chinaâs global trade surplus soared nearly 50 percent last year to a record despite an avalanche of safety warnings and recalls of Chinese-made products abroad.
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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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China's surging trade surplus jumped 67 percent in January from the same month last year to $15.88 billion, the General Administration of Customs said Monday.
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China's trade surplus rose 67% in January, increasing pressure on Beijing to allow the yuan to float freely.
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The trade surplus surged to $26.9 billion, potentially heightening tensions with the U.S. and increasing pressure on Beijing to allow its currency to appreciate.
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The current-account surplus widened at the fastest rate in three years in April as exports rose and a weaker yen increased the value of investments abroad. The surplus expanded 50.3 percent, to 1.99 trillion yen ($16 billion), from a year earlier, as growth in exports to Asia and Europe helped offset a decline in shipments to the United States, the Ministry of Finance said. The trade balance climbed 34.7 percent. Exports climbed 7.3 percent from a year earlier, and imports advanced 3.2 percent.