In other news overnight, the European Union on Thursday reported a record trade surplus in March.
Spain, which is the eurozone's fourth-largest economy, has not recorded a monthly trade surplus since 1971.
High oil prices and a big devaluation in 1998 have generated a huge trade surplus.
In October, the kingdom posted a healthy trade surplus, despite a 15.8% slump in exports.
Currencies have stabilized after depreciating so dramatically and economies are generating a trade surplus.
China's record trade surplus in November was largely the result of a precipitous fall in imports.
China's growing trade surplus, it argues, is explained entirely by this kind of assembly.
Indeed Britain chalks up the world's biggest trade surplus in business services (see chart).
But what about another apparently telling piece of evidence: China's huge trade surplus with America?
All of which should help increase the trade surplus and further reduce the current-account deficit.
It runs a trade surplus, selling goods in return for financial claims on foreigners.
Japan, which runs a trade surplus with the Middle Kingdom, exports its H beams.
Since Japan's widening trade surplus reflects the depressed state of its economy, it is hardly good news.
Better still, China's growth next year will come entirely from domestic demand, as its trade surplus shrinks.
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China posted a sharply higher surprise trade surplus in February than economists forecast as the global economy recovered.
But in China a drop in exports does not translate straightforwardly into a drop in the trade surplus.
China's imports have been falling faster than its exports and in recent months its trade surplus has risen.
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The UAE has an open economy with a high per capita income and a sizable annual trade surplus.
Over time, however, a stronger real cuts into the trade surplus, which is still struggling to remain a surplus.
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Spain has reported its first monthly trade surplus for more than 40 years.
However, exports rose by 38.1%, from June's 35.2%, as China's trade surplus increased.
This process accelerated through the 2000s, but it went into hyperdrive in 2005, when China's trade surplus abruptly spiked.
Strong Chinese exports were credited with the surprising trade surplus during the month.
This sounds odd, since it is not fully convertible and Myanmar expects soon to have a large trade surplus.
China's Shanghai Composite bucked the trend, rising 0.9% after the country swung to a surprise trade surplus in March.
China's trade surplus and foreign direct investment (FDI) explain only 30% of this.
Foreign-investment inflows are slowing, and slower export growth will shrink the trade surplus.
Britain recently posted its first quarterly trade surplus in cars since the 1970s.
On March 20th new figures showed that China's trade surplus with America had grown 36% in the year to January.
We have a trade surplus selling shares in our companies, even though politicians rarely use that figure when talking about trade.
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