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Article: Surplus in goods trade expands China's foreign exchange reserves: central bank
- Article from:
- Xinhua News Agency
- Article date:
- February 25, 2007
CopyrightCopyright 2007 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Surplus in goods trade expands China's foreign exchange reserves:
central bank
BEIJING, Feb. 24 (Xinhua) -- China's massive foreign exchange
reserves mainly came from the sharp increase of surplus in goods
trade, according to the latest report from the People's Bank of
China.
The hefty rise in goods trade surplus is due to China's improving
manufacturing capability and the country's booming exports supported
by the robust global ...