Chinese Trade Balance Surplus Smaller Than Expected In September
(For September 2010)
China trade balance was reported at USD 16.9 billion vs. USD 20.0 billion in August. Export and import growth were running at 25.1 and 24.1 percent.
The accumulated surplus is now at USD 121.4 billion vs. USD 136.6 billion for the same last year and full year 2009 USD 196 billion.
Chinese economy at exact place where Chinese government wants it.
Chart 1. China Trade Balance; Export & Import Growth