China Trade Surplus Hits Record $14.5 Billion in June
China's trade surplus hit a historic high of
$102 billion last year, more than triple the $32 billion surplus in
2004. China's trade surplus
with the United States hit a record $202 billion in 2005.
June's increase raised the trade surplus for the first half of the year to $61.5 billion, a 55% jump over last year's first-half surplus of $39.7 billion.
The economy grew at an annual rate of 10.3% in the first quarter of the year. First-half GDP growth number to be released soon, would likely would remain at about 10%.