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China's Trade Balance Surplus 13.05 bln in May |
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Friday, 10 June 2011 10:15 |
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 June/10 - China's trade surplus in May rose to 13.05 billion dollars from the previous 11.4 billion dollars in April. Figures surplus, however, much lower than expectations of economists who had predicted a surplus of about 19.8 billion dollars.
Detailed data showed, exports increased by 19.4 percent y / y in May to 157.16 billion dollars. While imports jumped 28.4 percent to 144.11 billion dollars. In previous March, exports rose 29.9 percent was recorded, while imports rose 21.8 percent.
The low number of surplus than expected by economists is the impact of declining global demand resulted in slowing of Chinese exports.
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