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China's trade surplus fell about one percent in April to a still robust 16-point-eight billion dollars as global demand weakened slightly. According to China's National Bureau of Statistics, the trade gap for April was much bigger than in February (13.4 billion
dollars) and March (8.6 billion), but still well below last year's monthly figures that often exceeded 20 billion dollars.
China's growing trade gap with the 27-nation European Union and the United States is frequently a point of contention, as Western nations push Beijing to ease currency controls and lift import barriers.
China also announced today (Monday) that its inflation rate rose to eight-point-five percent in April, remaining near decade-high levels.
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