Aided by a decline in imports and a two-year high in exports, the U.S. trade deficit unexpectedly plunged 5.3% in September to $44 billion. Strong commercial airline orders helped boost the export total. Further, if the dollar …
China posted its second-largest trade surprlus of the year in October, giving further ammunition to critics who say that the country’s currency should be stronger.
The country’s October exports were worth $27.15 billion more than its imports for the month, the largest figure for any month this year except July, MarketWatch reported.
Critics charge that China keeps the value of its…
Continue reading China Trade Surplus Grows to $27 Billion
China Trade Surplus Grows to $27 Billion originally appeared on DailyFinance on Wed, 10 Nov 2010 07:06:00.