Surplus rises on surprise export surge
By Ding Qingfen | China Daily | Updated: 2011-08-11 07:44
July figure hits 30-month high of $31.5 b amid 3rd quarter optimism
BEIJING - China's trade surplus for July hit $31.5 billion, the highest in two and a half years, thanks to higher-than-expected export growth, especially to the European Union.
The surplus eased fears that the US and European debt crises might hurt global demand for Chinese goods.
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