This sounds odd, since it is not fully convertible and Myanmar expects soon to have a large trade surplus.

ECONOMIST: China and Myanmar

The island runs a large trade surplus, and its foreign reserves are the world's fourth largest, behind China, Japan, and Russia.

FORBES: Taiwan

However, Euro zone exports showed a record large trade surplus in November.

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Although China runs a large trade surplus with America, it runs deficits with other Asian countries from which it imports capital equipment and components.

ECONOMIST: China's exchange rate

While Andy Rothman , China Macro Strategist for CLSA Asia-Pacific Markets, does not expect China to run a trade deficit for the full year, he does not expect the country to run a large trade surplus either.

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China's trade surplus with America remains large and controversial, but its current-account surplus with the rest of the world is dying out.

ECONOMIST: Exports

However, China did not rebound in March with a large surplus, as trade was almost evenly balanced.

FORBES: Is the Renminbi Undervalued?

The trade surplus leads to large inflows of foreign currency, which is bought up by the central bank in order to hold down the exchange rate.

ECONOMIST: The economy just grows and grows