China could see its first trade deficit in two decades as exports to Europe and the U.S....


China could see its first trade deficit in two decades as exports to Europe and the U.S. continue to tail off, according to economist Xia Bin. Though the government sees its full-year trade surplus narrowing to around $150B in 2011 from 2010's $183B, Xia shoots lower with his estimates. "We can't rule out the possibility of a trade deficit."
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