China's widening trade surplus in June will inevitably re-focus attention on the question of the overvalued yuan.
The renewed surplus looks particularly ill-timed, coming days after the U.S. Treasury agreed not to name China as a currency manipulator. But is Beijing really back to its old tricks of conjuring up $20 billion monthly trade surpluses?
Source:
http://www.marketwatch.com/story/what-do-chinas-slowing-imports-mean-2010-07-11
