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January 11, 2006

Business News:China's 2005 trade surplus triples to $102bn

From FT.com via NYT:

Published: January 11, 2006

China's trade surplus more than tripled to a record $102bn in 2005 on soaring exports, according to official figures that are likely to draw more criticism on Beijing over its currency policies.

Exports jumped over 28 per cent to $762bn last year while imports rose nearly 18 percent to $660bn, according to year-on-year figures released on Wednesday by the General Administration of Customs.

Read the rest here.

Posted by Becky at January 11, 2006 10:05 AM Posted to International