Financial Times FT.com

China?s swelling surplus sparks US concern

By Richard McGregor in Beijing

Published: April 11 2006 16:49 | Last updated: April 12 2006 00:02

China?s trade surplus surged in March, sharply illustrating US concerns about its swelling bilateral deficit days before Hu Jintao, China?s president, travels to Washington for a summit meeting with President George W. Bush.

The March surplus of US$11.2bn, more than double the amount for the same month last year, and the largest since October, is a sign that China is on track to match and perhaps surpass the 2005 record surplus of US$102bn.

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