China trade deficit in March

China has benefited from world trade continuously since May 2004. The country's official figures indicate. But this era of enrichment through international trade could be coming to an end. The Chinese Minister of Commerce Chen Deming has launched a warning about a "risk of a trade deficit in March" on Sunday in a speech denouncing the pressure from the United States for a revaluation of the yuan.

A negative trade balance would mark a break with a trend that has dominated for six years, but also a particularly violent reversal. In February, China had in fact reported a trade surplus of 7.61 billion dollars, up 57.2% annualized rate payday loans for bad credit !!!???!!!?? ?!!!.In other words it s'agfirait an abrupt end.

The Chinese Minister of Commerce said the Commercial deficit is expected in March could reach a record level.

This deficit is suddenly generated mainly by a surge in imports, as trade minister. However, in February, foreign purchases of handbags luxury, high technology products and coal imports had risen sharply, then rising by 44.7% yoy, reaching 86.9 and billion. This increase, however, did not reverse the balance of the Chinese trade surplus.

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