China trade surplus hits record
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Surging exports trigger a rise in China's trade surplus with the rest of the world to a record  $27bn in June.
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The annual US trade deficit rises to a  record $763.6bn, hit by higher oil prices and surging Chinese imports.
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WASHINGTON  - The US trade gap unexpectedly shot to a record 55.5 billion dollars in October as Americans sucked in more imports, particularly from China, and oil prices sizzled.
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China posted its biggest trade surplus  in nine years in December, data showed on Tuesday, as the  country's booming exports showed little sign of trailing off.
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The deficit in the broadest measure of trade climbed to a record high of &#36;164.7 billion in the third quarter of this year, reflecting Americans' hardy demand for imported oil and foreign-made goods.
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The U.S. trade deficit hit a fifth straight annual record in 2006, driven by a record oil import bill and a flood of goods from China, a government report showed on Tuesday.
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[World News]: Beijing, Dec 26 : Chinas foreign trade has zoomed 750 times since the Communist nation was founded 55 years ago, serving as a major engine for the growth of Chinese economy as well as world trade, Commerce Minister Bo Xilai said.
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China's trade surplus reached a record $18.8bn in August, raising further questions about the value of the yuan.
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The U.S. trade deficit hit an all-time high of &#36;60.3 billion in November as American appetites for foreign oil and even imported food reached record levels.
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THE Commerce Department reported today that the United States recorded a $US54 billion ($74.55 billion) trade deficit in August, the second highest level on record.
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The U.S. trade deficit widened more than expected in August to its second-highest level on record, fueled by the highest oil import prices in 23 years and record imports from China, the U.S. government said on Thursday.
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The US trade deficit ballooned to a record high of $617.7 billion last year, pushed by soaring oil prices and Americans' insatiable appetite for everything foreign, from cars to toys and food.
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Germany's trade surplus hit a surprise record in October, underpinning optimism about the pace of economic recovery.
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China expects its trade surplus to be around $10 billion in 2004, and sees friction over textile exports topping the list of trade troubles next year, a senior Commerce Ministry official said.
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The gap between US exports and imports hits an all-time high of $671.7bn (Â£484bn) last year, official figures show.
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WASHINGTON -- The U.S. trade deficit in November surged to the highest level in 14 months, reflecting record imports of foreign oil. The deficit with China declined slightly while the weak dollar boosted exports to another record high.
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The trade deficit jumped in November to its highest level in 14 months as surging oil prices overpowered a ninth consecutive month of record exports, the Commerce Department said on Friday.