China"s huge trade surplus and U.S. huge trade deficit are twoextremes contributing to the global economic imbalance
China"s foreign trade continued togrow faster than the gross domesticproduct (GDP) in 2007. Total ex-ports and imports hit $1.97 trillionduring the first 11 months, up 23.6percent trom a year earlier. The trade sur-plus hit $238.12 billion, surpassing that forall of 2006, which stood at $177.5 billion.
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