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Yuan pressure as trade triples

China announced Wednesday a record 2005 trade surplus of US$101.9 billion, more than triple the 2004 figure, triggering expectations Washington and Brussels would again demand Beijing to revalue the yuan, the South China Morning Post reported. China Customs reported 2005 exports of US$762 billion, an increase of 28.4%, and imports of US$660.12 billion, up 17.6%. The new figures continue to rate China as third-largest trading nation, after the United States and Japan, with growth of more than 20% over the last four years.

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