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Tuesday, April 10, 2007

China's Surplus Dives in March

China reported a sharp drop in its politically sensitive trade surplus Tuesday and angrily rejected U.S. plans to file a World Trade Organization complaint over product piracy amid pressure for Beijing to rein in its bulging trade gap.
The exchanges threatened to add to strains in one of the world's biggest trading relationships following Washington's imposition of higher tariffs on Chinese paper in a dispute over subsidies.

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