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China’s Trade Surplus Climbs to $28.7 Billion |
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Tuesday, 10 August 2010 10:18 |
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China’s trade surplus surged last month to its highest level in a year and a half, while real estate prices leveled off, according to government data released Tuesday that pointed to possible trade frictions with the United States and slightly slower economic growth in China.
Stock markets across Asia weakened in response to the latest economic statistics, which included an unexpected slump in China’s imports that seemed to suggest a softening of demand.
Source: New York Times
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