Monday, June 11, 2007

UPDATE 1-China's May trade surplus surges to $22.45 bln

(Reuters) - BEIJING, June 11 - China's trade surplus
ballooned to an unexpectedly high $22.45 billion in May, a jump
likely to intensify calls for Beijing to let the yuan
appreciate more rapidly.




The figure, released a day ahead of a meeting between China
and the European Union to discuss trade tensions, compared with
a $16.9 billion surplus in April and a forecast from economists
of $18.8 billion.


Read more at Reuters.com Economic News

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