Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchFAQLog inRegister
Follow us on TWITTER
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Post new topic   Reply to topic
Share | 
 

 China does not seek big trade surplus - official

View previous topic View next topic Go down 
AuthorMessage
lexie
Elite Member
Elite Member
avatar

Posts : 1812
Join date : 2011-06-24

PostSubject: China does not seek big trade surplus - official    Fri Sep 16, 2011 4:16 pm

Economics 9/16/2011


China does not seek big trade surplus - official



TOKYO, Sept 16 (KUNA) -- China, the world's biggest exporter, does not intend to pursue a large and continuous trade surplus, a senior government official said in Beijing Friday, according to state-run Xinhua News Agency.
Speaking at a forum commemorating the 10th anniversary of China's entry into the World Trade Organization (WTO), Vice Minister of Commerce Wang Chao called for other nations to relax unnecessary restrictions on exports.
"The Chinese government does not want a large and continuous trade surplus and will continue to reform its import system to make trade more free and convenient," Wan was quoted as saying.
He reiterated that China will stick to a policy of opening up its market and expanding market entry.
China's trade surplus for August stood at USD 17.75 billion, down from USD 31.48 billion in July, as imports have surged to record levels since March, the General Administration of Customs said last week.
The trade surplus shrank to USD 92.73 billion between January and August, down 10 percent year-on-year. Wang called on all WTO members to make more efforts to rejuvenate the global economy and give a boost to the Doha talks.
China, which replaced Germany as the world's biggest exporter in 2009, is often under criticism from major trading partners, such as the US, of devaluating the Chinese yuan to earn artificial price advantages.


http://www.kuna.net.kw/NewsAgenciesPublicSite/ArticleDetails.aspx?id=2190698&Language=en









*****************
"WHEN THE POWER OF LOVE OVERCOMES THE LOVE OF POWER, THE WORLD WILL KNOW PEACE"
Back to top Go down
View user profile
 
China does not seek big trade surplus - official
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You can reply to topics in this forum
Dinar Daily :: AROUND THE WORLD NEWS and CURRENT EVENTS :: WORLD-
Post new topic   Reply to topicJump to: