Trade Balance
China had a favorable balance of trade of US$32 billion in 2004 and US$38.7 billion in 2003. These amounts reflect the general course of a favorable trade balance during the previous eight years. In 1996 China’s trade balance was US$12.2 billion, peaking at US$43.4 billion in 1998 but declining to US$24.1 billion by 2000 before starting its new increase.
Read more about this topic: Chinese Financial System
Famous quotes containing the words trade and/or balance:
“And trade is art, and art’s philosophy,
In Paris.”
—Elizabeth Barrett Browning (1806–1861)
““... To say of one mask it is like,
To say of another it is like,
To know that the balance does not quite rest,
That the mask is strange, however like.””
—Wallace Stevens (1879–1955)