China's surplus rebounded to 27.15 billion U.S. dollars in October

Commercial News (Wang Fang, journalist Dingkaiyan) the general administration of customs yesterday showed that after two consecutive months of downward adjustment, China's trade surplus rose again to $27.15 billion in October, becoming the second highest in the year following the July 28.73 billion.　　Although the surplus rebound will increase the pressure on the appreciation of the renminbi, but Song, director of International Trade Research Institute of the World Economic and Political Academy of China, said, "Most of our industries and enterprises are still outward-looking, the surplus is an inevitable trend, Japan, the United States has also experienced this stage." Bai, deputy director of international market Research, Department of Foreign Trade and Economic Cooperation, Ministry of Commerce, said, "around an axis value fluctuation is normal, both at home and abroad do not need to be too sensitive to the number, the October appreciation of the renminbi accelerated significantly, but China's trade surplus does not decrease the increase,　　The appreciation of the renminbi does not help the US to reverse its trade deficit with China. Bai also reminded that in future trade, capital entry will be diversified, "China needs to prevent Non-trade capital overheating, resulting in bubble GDP." "Too much non-trade capital inflows will put monetary policy in a dilemma. Lulinyu, general manager of the Centre for Securities Research, advises that the use of reserve requirements, interest rates and other means to prevent the inflationary pressures of "hot money".