China’s Trade Surplus Climbs To Record in June, Up 140% From Last Year

Wang Qing, Morgan Stanley’s chief economist of greater China, estimates the yuan will gain 4 percent by the end of this year and 6 percent next year. (Bloomberg)China’s trade surplus widened to the highest this year and exports climbed more than estimated to a record in June, adding pressure on the government to let the [...] continue reading world news