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China's trade surplus hit nearly 25 billion dollars in August, its second-highest monthly level on record. Customs data issued Tuesday show a nearly 33 percent increase over the same month last year. China reported its highest monthly trade surplus in June at 26-point-nine billion dollars. In July, the surplus hit 24-point-four billion dollars.
The United States and other countries are calling on China to narrow its growing trade gap. Washington in particular has pushed Beijing to revalue its currency, the yuan. The U.S. says the currency is artificially undervalued, giving Chinese exporters an unfair advantage.
U.S. President George Bush and Chinese President Hu Jintao discussed the currency issue in Australia last week. The White House says Mr. Hu pledged to let the market play an increasing role in China's currency reform.
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