China's 2011 trade surplus to narrow to US$150 billion
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Xinhua, December 15, 2011
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Straddle carriers move shipping containers at the Port of Brisbane in Australia. Weak demand, too many vessels and rising fuel costs are harming the shipping industry around the world, with many companies reporting losses. |
China's trade surplus is expected to narrow to around 150 billion U.S. dollars this year, suggesting a basic balance in its foreign trade, the Ministry of Commerce said on Thursday.
The country's annual trade surplus topped 180 billion U.S. dollars last year.
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