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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: trade surplus

trade surplus stories: 4 news summaries
OPINION

China's Trouble: Lots of Dollars, Little Sense

Krugman: Beijing knows it's in trouble, remains tied to old ills

Apr 3, 09 12:39 PM CDT
(Newser) - China’s recent call for an alternative to the dollar as a reserve currency underlines how much trouble the country is in after years of stockpiling greenbacks, Paul Krugman writes in the New York Times. The Chinese, long unwilling to let the yuan float freely on foreign exchanges, are signaling... More »

MORE ABOUT:
China • trade surplus • yuan • US dollar • Treasury bills • Chinese exports

China Looks
to Buy American

Seeks investments to adjust yuan growth;
US official set for talks

Dec 10, 07 7:27 PM CST
(Newser) - China, increasingly being called upon to more rapidly adjust the growth of the yuan against the dollar, is looking to expand its investment in US assets as a way to funnel its powerhouse currency out of the country, Bloomberg reports today. Treasury Secretary Henry Paulson visits Beijing Wednesday for a... More »

MORE ABOUT:
China • inflation • Henry Paulson • Beijing • currency exchange • trade surplus • yuan • credit crisis • US dollar • US exports

China's Trade Surplus Hits $27B

Exports continue to outpace import growth

Nov 12, 07 9:40 AM CST
(Newser) - China's trade surplus rose to a record $27.05 billion last month, up 13.5% over last year despite a 25.5% balloon in imports, Bloomberg reports. The number lagged forecasts, raising the possibility that new trade policies are gaining traction, Reuters reports. US and EU officials will travel to... More »

MORE ABOUT:
China • Henry Paulson • US-China trade deficit • trade surplus

China's Surplus Soars to $26.9B

Weak yuan is driving China's economy to a record expansion; trade surplus nearly doubled

Jul 10, 07 2:59 PM CDT
(Newser) - China's trade surplus surged to a record $26.9B in June, an 87% increase since last year. Economists attribute the trade gap to China's significantly—as much as 40%—underpriced currency, the yuan, reports Bloomberg. Half of China's surplus is with the US, which recently began preparing legislation to sanction... More »

MORE ABOUT:
China • US-China trade deficit • United States • world economy • imports • trade • exports • China food exports • consumer goods • trade surplus • yuan • US economy

4 Stories


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