SOURCE OF THE SURPLUS

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  There's more to China's huge tradesurplus than the export factor.February is a good example of that.The month saw $23.76 billion inChina's trade surplus, second onlyto the record high of $23.83 billion inOctober 2006. According to the GeneralAdministration of Customs (GAC), inFebruary, the total volume of China's for-eign trade mounted to $140.44 billion, ayear-on-year increase of 32.9 percent. Ofthe total, exports hit $82.1 billion, soaring51.7 percent, while imports grew 13.1 per-cent to $58.34 billion.
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