Monday, July 11, 2005
China's Trade Surplus
China's trade surplus is up to a whopping $9.68 billion, exceeding forecasts of $8.0 billion and towering above the $1.8 billion surplus recorded for June 2004. This is a 500% increase. More details here, and analysis from Brad Setser here. I want to see what the European numbers are like this month.
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