China June trade surplus swells five-fold

Reuters ^ | Reuters

[jpsb]

BEIJING (Reuters) - China's trade surplus for June swelled five-fold from a year earlier as exports grew much faster than imports, offering more ammunition for foreign critics who argue that Beijing should let the yuan rise in value.

The June surplus grew to $9.68 billion, exceeding forecasts of $8.0 billion and towering above the $1.8 billion surplus recorded for June 2004.

[Mase]

Mystery solved. I often wondered what the meaning of that acronym was. LOL

The old we don't make nothin here no more argument - other than aircraft, food, parts for assembly and a new one: disassembled factories??!! Think of it as entertainment.

I love these protectionists and their talking points!!

Then you have to come here. Paul is in rare form today.

[Toddsterpatriot]

I will post the chart later tonight that shows for the most part all our exports were down last year except for Food, Pharmecuticals ad transporation like airplanes.

Just about everything else on the export list like electronics, computers, machine tools etc has been going down every year.

314 posted on 07/12/2005 1:51:13 PM CDT by superiorslots

Did I not say I wil post it tonight? Some of us have to work.

316 posted on 07/12/2005 2:07:38 PM CDT by superiorslots

I know it's only been 2 months, any luck finding that chart?

[endthematrix]

"longshoremen are now among the highest-paid blue-collar workers in the U.S., with an average annual salary of somewhere between $75,000 and $85,000 per year"

Ah, unions...BTW, they get great health-care and pension benefits too!

[endthematrix]

Blast from the past...07/11/2005

I didn't catch the date on this thread.

[Alberta's Child]

That's OK -- I love getting responses like this on old threads!