http://www.businessweek.com/globalbi...517_030614.htm
QUOTE
China's Trade Surplus Gets Dangerous
Standard Chartered economist Stephen Green sees Beijing making
economic history this year with an estimated $400 billion account
surplus
by Stephen Green
Think you've already seen the biggest surpluses out of China? Are
you sitting down? We believe China's current account surplus will
balloon to $400 billion this year, or 12.8% of gross domestic
product, up from $256 billion in 2006. This is a massive number,
the biggest surplus—in dollar terms—the world has ever seen. Our
forecast is also significantly bigger than that of the World Bank
(8.3% of GDP), the International Monetary Fund (10% of GDP), and as
far as we can tell, the rest of the street, too.
