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BEIJING (AP) - China's surging trade surplus jumped 67 percent in January from the same month last year to $15.88 billion, the General Administration of Customs said Monday.
China's trade gap has soared as the country has become the world's low-cost manufacturing center, cranking out toys, shoes and other goods, but the surplus has been accompanied by complaints China keeps the value of its currency artificially low to make its products more competitive.
That criticism was repeated over the weekend by finance ministers and central bankers from the Group of Seven industrialized nations at a meeting in Germany.
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