Home |


Friday, March 11, 2011

China surprise Foreign trade deficit of $ 7.2 billion

Friday, March 11, 2011
Exports remained at the lowest level since November 2009 compared to same period last year recorded 2.4 percent increase. The increase in imports was 19.4 percent inthe same period.
With the data described in China's yuan currency has lost value.
Generally, foreign trade surplus and, therefore, due to exchange rate policy from the international community "Yuan appreciation Allow facing pressure from China, thesedata strengthen the hand said.
Chinese Commerce Minister Chen Deming, 7 March, U.S. Treasury Secretary TimothyGeithner'in calls to increase the value of the Greek, 'completely unnecessary' statedthat.
China's foreign trade surplus in January was 6.5 billion dollars. The latest trade deficitto $ 7.2 billion was held in March 2010.

0 yorum:

Post a Comment