(Reuters) - China is under strong pressure from Washington and Brussels to cut its trade surplus, which rose 74 percent last year to a record $177.5 billion and has climbed more than 80 percent in the first six months of 2007 from the same period a year earlier.
"Yes, indeed the trade surplus is here in China, but the real profits and benefits are actually in Europe and the United States," Bo told reporters in Malaysia's administrative capital of Putrajaya after witnessing a loan signing for a Malaysian bridge project.
Read more at Reuters.com Business News
"Yes, indeed the trade surplus is here in China, but the real profits and benefits are actually in Europe and the United States," Bo told reporters in Malaysia's administrative capital of Putrajaya after witnessing a loan signing for a Malaysian bridge project.
Read more at Reuters.com Business News
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