China’s Trade Surplus Weakens The Argument That China Cannot Cope With Yuan Appreciation
Posted on September 12, 2010 at 04:01 AM EDT
China in August posted its third straight trade surplus of more than $20 billion, putting friction with the United States over the nation’s currency back in the spotlight. Exports rose 34.4% in August and imports climbed a greater-than-expected 35.2%, leaving the country with a $20.03 billion surplus, a customs bureau report showed Friday. But a [...]