China Trade Surplus Falls Sharply to $6.9 billion in March 

China's trade surplus in March fell to $6.9 billion, well below forecasts and down sharply from February's $23.7 billion surplus, reports AP. It was not clear whether the drop in March was the result of government efforts or would have a lasting impact.

Last year, China reported a record-high global trade surplus of $177.5 billion. Economists expect the figure to soar past $250 billion in 2008.

The U.S. government announced Monday it would file two WTO cases over Beijing's failure to stop product piracy and complaints it blocks market access for U.S.-produced movies, music and books.

China is one of the world's biggest sources of illegally copied goods ranging from movies, music and designer clothes to sporting goods and medications. 

Previous: « US Online Travel Sales to Reach $146 Billion: eMarketer

Next : » Worldwide Rankings of Top Web Properties for February 2007: comScore


  ABOUT    CONTACT Metrics 2.0 RSS Feeds RSS   Metrics 2.0 Widgets for your site or blog WIDGETS   ARCHIVES


Enter Email for Daily Feed Delivery:


Essential Business Books