All Posts Tagged With: "trade surplus"
China’s Export Machine Shifts Into High Gear, Even as U.S. Market Decelerates
China’s exports advanced at a 28% pace in May, despite growing economic turbulence in the United States and Europe, underscoring yet again that the Asian giant doesn’t need Western markets to flourish.
The strong export growth should also give China’s central…
12Jun2008 | Money Morning | 0 comments | ContinuedWeak Dollar Narrows Trade Deficit, but Inflation Blunts Consumer Demand
The trade deficit narrowed significantly in the month of March, as developing markets took advantage of a weak dollar and stocked up on American goods.
The gap shrank 5.7% from a revised $61.7 billion in February to $58.2 billion, the…
12May2008 | Money Morning | 0 comments | Continued-
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