China's April trade surplus balloons to $11.4 bn

China's April trade surplus balloons to $11.4 bn
Beijing (AFP) May 10, 2011 - China's politically-sensitive trade surplus ballooned to $11.4 billion in April and exports hit a record monthly high, data showed Tuesday, as Washington pressured Beijing for a stronger currency. The trade surplus - a constant thorn in the side of Sino-US relations - dwarfed the $139 million surplus posted in March and a Dow Jones forecast for $1 billion in April. Exports rose 29.9 pe ... more