China's trade surplus jumps 48%
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China's trade surplus soared 48% in 2007 to a record high, figures show, as its export-led boom continued.
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Japan's trade surplus expanded for the 13th straight month in July due to rising exports of automobiles and high-technology products to Asia, the United States and Europe.
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China's total foreign trade for 2004 is expected to jump 30 percent year-on-year to 1.1 trillion dollars, making it the world's third largest trading power, the Ministry of Commerce said.
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The 12-month totals for Chinese trade balances with Europe, the United States and the rest of the world.
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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 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 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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China's supercharged economy grew by a stunning 11.5 percent in the third quarter, surging ahead despite official efforts to cool the boom and putting it on track to overtake Germany as the world's third-largest within weeks, according to data reported Thursday.
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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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The U.S. trade deficit, propelled by a record foreign oil bill, surged to &#36;54 billion in August, the second highest level in history. The politically sensitive deficit with China hit a new high as American retailers upped their orders for cell phones, toys and televisions.
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China&#039;s economy expanded at its fastest pace in a decade with growth of 11.3 percent in the second quarter, official data shows, exceeding expectations and possibly signaling the need for new cooling measures.
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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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China's economy accelerated to 9.5 percent growth in the year through the fourth quarter, exceeding forecasts and raising the risk of another interest rate increase to avoid overheating.
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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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Chinaâs surging trade surplus rose 67 percent in January from the corresponding month last year, to $15.88 billion, the General Administration of Customs said. Chinaâs exports hit $86.62 billion, up 33 percent from January 2006, while imports totaled $70.74 billion, up 27.5 percent from a year earlier, the customs bureau said. The figures were released as finance ministers and central bankers from the Group of Seven industrialized nations meeting in Germany criticized Chinaâs exchange rate policy, which has kept the countryâs currency weak.
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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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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.