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Trade Surplus Hits US$27 Billion in October

Record trade figures [1]no longer surprise. They are right up their with the stock market and property prices! The latest figures show China’s trade surplus reached a record US$27 billion in October. Malaysia Star reports:

The weakening dollar another round of interest rate hikes, raising of bank reserve requirements, and new restrictions on export-only manufacturing investment [2]may yet slow things down. But China can expect plenty more political flak from the US and EU in the meantime, as MarketWatch points out where the balance lies:

Where will it all end? Previoulsy reported [3]estimates suggest a total surplus of US$257 billion in 2007, and US$308.4 billion in 2008.

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