Saturday, September 11, 2010

China's August trade surplus 2nd highest this year + August exports up 34.4%, imports rise 35.2%

[mEDITate-OR:
wonder where the charts are...
well, in China, of course...

While we do cover our take on them...
we do NOT show any of their charts, or provide our own.

What has to be accounted for, is the massive attempt by China to buy more from U.S. - however, what we need to hear/read that they ARE trying to tell U.S. is that WE place severe restrictions on most of the items that they need & want to buy from U.S.

It is hypocritical to blame them for not buying enough of what we refuse to sell.
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China's August exports up 34.4%, imports rise 35.2%
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Import drive to be launched
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China's August trade surplus 2nd highest this year
http://news.yahoo.com/s/ap/20100910/ap_on_bi_ge/as_china_trade_4
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China Posts $20 Billion Trade Surplus
as U.S. Seeks Yuan Gains
http://www.bloomberg.com/news/2010-09-10/china-s-trade-surplus-reaches-20-billion-adding-pressure-for-yuan-gains.html
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China's August exports up 34.4%, imports rise 35.2%
http://www.chinadaily.com.cn/business/2010-09/10/content_11284816.htm
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Import drive to be launched - Crucial products targeted to narrow trade gap
http://www.chinadaily.com.cn/business/2010-09/07/content_11265903.htm
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