Tag: Trade deficit

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First-Quarter Trade Deficit Highlights China’s Delicate Balancing Act

A variety of reasons have culminated to create a$1.02 billion trade deficit for China for the first quarter of 2011. The last time a first quarter trade deficit was recorded was 2004. Issues such as seasonal factors,  spikes in oil prices, greater technological imports, yuan appreciation and increasingly expensive global commodities have all contributed to this occurrence. From Forbes: China’s Gene

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