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China capable of keeping international payment stable, balanced: official

China has the ability to maintain a basic equilibrium in international payment as the impact of the novel coronavirus outbreak is short-lived and limited, a foreign exchange official said Saturday.

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Did household savings, deficit spending affect US trade deficit?

WhenitcomestosolvingAmerica’stradedeficit,someeconomistssayinsteadofscapegoatingBeijing,theWhiteHouseshouldlookintosomeofitsdeep-seateddomesticproblemsfirst,suc

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S. Korea basks in huge surplus from media content in 2016: data

South Korea's trade surplus in the media content sector surpassed the US$500 million mark for the first time ever last year, on the back of increased overseas sales of popular movies, music and TV drama series, data showed Monday.

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China no currency manipulator, Obama Treasury says for last time

The Treasury Department for the final time during President Barack Obama’s tenure declined to label China a currency manipulator, in an implicit rejection of Republican nominee Donald Trump’s hard-line approach to the world’s second-biggest economy.

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Japan posts current account surplus for 25th straight month in July

​Japan logged a current account surplus in July for the 25th straight month, owing to the yen's appreciation and lower costs for crude oil imports, the Finance Ministry said on Thursday.

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S. Korea posts biopharma surplus in 6 years on demand for arthritis biosimilar

​South Korea posted a surplus in biopharmaceutical products trade for the first time in six years due to strong demand for a rheumatoid arthritis biosimilar made by the country's copycat drugmaker Celltrion, a government report showed Monday.

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China will not manipulate currency for trade advantage

China will not try to devalue the yuan to seek a trade surplus as market-determined RMB rates and balanced international trade are in the country's interest.

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S. Korea posts trade surplus for 47 months

South Korea posted trade surplus for 47 straight months due to a faster fall in imports than exports, customs data showed on Friday.

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German gov't under pressure to balance refugee costs, boost investment

Germany on Wednesday reported an unexpectedly high budget surplus in 2015, prompting critics to argue the government had resources to stimulate the economy through investment.

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HK records BoP surplus of 71.5 bln HKD in Q3

​Hong Kong recorded a Balance of Payments (BoP) surplus of 71.5 billion HK dollars (about 9.22 billion U.S. dollars) (as a ratio of 11.6 percent to GDP) in the third quarter of 2015, Hong Kong's Census and Statistics Department (C&S) announced on Monday.

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S.Korea posts trade surplus for 46 months

​South Korea posted trade surplus for 46 months in a row due to faster fall in imports than exports amid low commodity prices, customs data showed Tuesday.

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New Zealand gov't deficit better than expected: treasury

The New Zealand government deficit for the four months to the end of October came in below forecast, putting the full-year accounts on the road to a second successive surplus, according to financial statements from the Treasury Tuesday.

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Unexpected surplus on New Zealand government accounts

Unexpected surplus on New Zealand government accounts

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China's machinery sector slows, but exports up

The growth of China's machinery industry continued to slow in 2014 due to sluggish domestic demand but the sector's exports looked up unexpectedly thanks to robust private firms.

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Japan's current account surplus at record low in H1

​Japan's current account surplus for the first half of the fiscal 2014 stood at a record low at 2,023.9 billion yen (about 17.62 billion U.S. dollars) in the period from April to September, the Japanese Finance Ministry said Tuesday.

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S.Korea posts current account surplus for 31 months

​South Korea posted a current account surplus for 31 months in a row due to robust export growth, central bank data showed Wednesday.

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S. Korea posts trade surplus for 32 months

​South Korea posted a trade surplus for 32 months in a row due to solid export growth, customs data showed Wednesday.