China trade surplus hits record $26.9b
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China's trade surplus soared to a record $26.9 billion in June, exceeding economists' estimates and supplying ammunition for US lawmakers threatening sanctions unless the yuan appreciates faster.
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The pound on Wednesday reached a fresh 26-year high against the dollar, which also fell against the euro on the eve of European interest rate decisions.
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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 trade surplus will reach $250-300 billion in 2007, driven by the country's price competitiveness and strong external demand, the top economic planner said on Tuesday.
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German exports hit record levels last year, helping the trade surplus to its highest level since unification.
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NEW DELHI: India&#39;s merchandise exports in November 2004 have registered a record increase of 26% over the same month last year.
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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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The trade deficit hit another record high in October, with imports outpacing exports by $55.46 billion. The 9 percent increase from September was higher than expected
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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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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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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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America'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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A record 22 agreements valued at billions of US dollars were signed yesterday in Beijing between China and Germany while a series of deals were sealed between China Italy.
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The U.S. trade deficit in November surged to the highest level in 14 months, reflecting record imports of foreign oil. The deficit with China declined slightly while the weak dollar boosted exports to another record high.
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The gap between US exports and imports hits an all-time high of $671.7bn (Â£484bn) last year, official figures show.
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China had a trade surplus of $85.72 billion in the first five months of 2007, up more than 80 percent from the same period a year before, a commerce ministry official said on Saturday.
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America's trade deficit swelled to a record high of $55.5 billion in October as imports -- including those from China -- surged to the loftiest levels ever. Skyrocketing crude oil prices also contributed to the yawning trade gap.