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发表于 2010-11-25 07:05 AM
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本帖最后由 源济 于 2010-11-25 08:14 编辑
China's current account surplus doubles
http://www.google.com/hostednews ... 40de218806214e9.1f1
The real story, hot money is flooding into China.
China's current account surplus doubles
(AFP) – 9 hours ago
BEIJING — China's current account surplus more than doubled in the third quarter of 2010 from the same period last year, official data showed Thursday, propelled by strong demand for Chinese-made products.
The current account surplus -- the broadest measure of trade with the world -- rose 103 percent to 102.3 billion dollars between July and September, the State Administration for Foreign Exchange said on its website.
For the first nine months, the current account surplus expanded by 30 percent year on year to 204 billion dollars, the data showed.
Net inflow of direct investment into China, the world's second-largest economy, totalled 23 billion dollars in the third quarter compared with 21 billion dollars in the second quarter.
In 2009, China's current account surplus dropped for the first time in eight years -- by 35 percent year-on-year to 284.1 billion dollars -- as the global crisis hit exports.
But exports have improved significantly this year, with the value of overseas shipments rising 22.9 percent on year in October to 135.98 billion dollars, piling pressure on Beijing to let the currency rise at a faster pace.
Policymakers vowed in June to let the yuan trade more freely against the dollar, amid claims the currency was grossly undervalued and gave Chinese exporters an unfair trade advantage.
Since the summer pledge, the currency has gained less than three percent against the greenback, angering critics who claim the currency should appreciate by as much as 40 percent. |
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狗仔卡
发表于 2010-11-25 06:22 AM
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发表于 2010-11-25 02:12 PM
