BEIJING AP - Just last month, China announced plans to buy $4.3 billion of U.S. technology as a way to show how serious it is about reducing the ballooning trade gap with the U.S.So it must have come as a mixed blessing in Beijing to see that China's antigravity trade surplus soared again in May to the third-highest monthly level on record, according to government figures released Monday.
June 12, 2007 at 12:00 AM
1 minute read
BEIJING AP – Just last month, China announced plans to buy $4.3 billion of U.S. technology as a way to show how serious it is about reducing the ballooning trade gap with the U.S.
So it must have come as a mixed blessing in Beijing to see that China’s antigravity trade surplus soared again in May to the third-highest monthly level on record, according to government figures released Monday.
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