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China's trade surplus for January at US$15.9 billion
click rate:2004 issue time:2007-03-10 08:12
Feb. 12, 2007 (China Knowledge) – China posted a US$15.9 billion trade surplus in January, pumping more cash into the economy and adding pressure on the government to allow the RMB to rise faster.


The gap narrowed from US$21 billion in the previous month, the Ministry of Commerce said today on its Web site.


The RMB has climbed 4.3% against the U.S. dollar since China scrapped a decade-long peg in July 2005, revalued it by 2.1% and allowed it to trade against a basket of currencies.