Wen upbeat on US relations despite strains
By Li Xiaokun | China Daily | Updated: 2010-03-23 07:49
BEIJING - China is likely to run a trade deficit of more than $8 billion in March, Premier Wen Jiabao said on Monday, while rejecting US accusations that the country undervalues its currency to seek a surplus.
Wen also said China will buy more US goods to balance trade, and expects problems with Washington to be addressed in May during a strategic dialogue.
The deficit in March will be the first since May 2004.
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