BEIJING - A senior government economist says China's trade surplus for the first half of this year is expected to top $100 billion, a state news agency said Monday, amid calls by U.S. lawmakers for punitive action against Beijing.
Total trade with the United States for the first half is expected to top $1 trillion, up 24 percent from the year-earlier period, the Xinhua News Agency said, citing Yao Jingyuan, chief economist for the National Bureau of Statistics.
"The trade surplus reached $85.7 billion in January-May, and for the first half of the year will exceed $100 billion," Xinhua said, citing Yao.
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