Monday, May 28, 2007

China says 2007 trade surplus to exceed $250 bln

(Reuters) - "The trade surplus is unlikely to shrink in the short term, and it may last for a long time during the industrialization process," the National Development and Reform Commission said in a statement on its Web site .




Beijing has cut export tax rebates and raised export taxes for high-polluting and energy-intensive products in an effort to trim the trade surplus.


Read more at Reuters.com Business News

No comments: