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| Name: |
GoneFishin
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| Subject: |
Interesting Data
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Date:
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4/11/2010 12:01:39 AM
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I was quite surprised by the March numbers just released by China. I suspect this is just an anomaly. Welcome China to the deficit club.
(MarketWatch) -- China reported a March trade deficit Saturday that was significantly wider than expected, as a surge in imports outpaced exports and commodities prices rose, according to media reports.
March exports from China rose 24.3% to $112.11 billion, while imports jumped 66% to $119.35 billion, resulting in a $7.24 billion deficit, the state news agency Xinhua reported on its Web site.
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| Name: |
blmeanie
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| Subject: |
Interesting Data
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Date:
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4/11/2010 11:38:10 AM
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what products are they importing to offset the huge amount of exports?
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