{"id":23120,"date":"2011-08-11T04:55:07","date_gmt":"2011-08-11T08:55:07","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=15268"},"modified":"2011-08-11T04:55:07","modified_gmt":"2011-08-11T08:55:07","slug":"chinese-trade-surplus-soars","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/08\/11\/chinese-trade-surplus-soars\/","title":{"rendered":"Chinese Trade Surplus Soars"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/8.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>China published its latest trade balance figures this morning, revealing <a href=\"http:\/\/www.forexyard.com\/blog\/en\/2011\/08\/01\/running-with-the-bulls%E2%80%A6-in-china\/\">large growth<\/a> in the nation\u2019s trade surplus. Trade balance data tends to have a heavy impact on currency values since export demand is directly linked with currency demand. China\u2019s yuan (CNY) is therefore expected to undergo upward fluctuations this week, though world news may counteract any positive benefits of such valuation.<\/p>\n<p><span id=\"more-15268\"><\/span>The data, released by the Customs General Administration of China (CGAC), showed solid growth from last month\u2019s reading of a 22.3B surplus to this month\u2019s 31.5B surplus. Forecasts had called for only moderate growth towards 27.3B. The news, as mentioned above, should help the CNY grow in this week\u2019s forex market.<\/p>\n<p>Read more forex trading news on our <a href=\"http:\/\/www.forexyard.com\/blog\/en\/\">forex blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> China published its latest trade balance figures this morning, revealing large growth in the nation\u2019s trade surplus. Trade balance data tends to have a heavy impact on currency values since export demand is directly linked with currency demand. Chin&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-23120","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=23120"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23120\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=23120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=23120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=23120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}