As a result, China s external surplus GDP ratio fell significantly in 2009.

A decision as regards the surplus balance of 5,769,036 as indicated in paragraph 15 above.

Any surplus would be classified as miscellaneous income.

More recently, however, China has been running a large multilateral surplus as well.

The fund balance as at 31 December 1993 reflected a surplus of 211,872.

a Available from surplus holdings.

As an immature debtor borrower, its trade balance and current account are also in deficit as a mature debtor borrower, its trade balance enters surplus and, as a debtor repayer, its current account moves to surplus.

Given that it has been running an investment income deficit, a trade surplus, and current account surplus, it seems that it should be classified as a debtor repayer.

A decision as regards the surplus balance of 5,109,799 indicated in paragraph 10 above.

As a result, the banks foreign exchange surplus reached 44.6 billion, rising 38 from February and marking the seventh consecutive month in which bank to client transactions created a surplus.

In spite of the crisis, Norway in 2009 still had a 9 state budget surplus, and was the only western country to run a surplus as of July of that year.

(h) Surplus

SURPLUS (DEFICIT)

Indeed, Keynes believed that it was surplus countries, far more than deficit countries, that posed a threat to global prosperity he went so far as to recommend a tax on surplus countries.

Since the Plan s introduction, China s current account surplus as a share of GDP has indeed fallen.

Saudi Arabia also has a bilateral and multilateral surplus Americans want its oil, and Saudis want fewer US products. Even in absolute value, Saudi Arabia s multilateral merchandise surplus of 212 billion in 2008 dwarfs China s 175 billion surplus as a percentage of GDP, Saudi Arabia s current account surplus, at 11.5 of GDP, is more than twice that of China.

As shown in annex X, the surplus balance held in a suspense account amounts to 64.9 million.

Net surplus balance

Gross surplus (deficit)

Net surplus (deficit)

As a result, the trade surplus continued to fall, to 20.4 billion, fueling growing concern about a Chinese slowdown.

1. Surplus balance held in a suspense account

A slight surplus was also expected in 1994.

And, indeed, the euro should appreciate, because the eurozone as a whole is now running a large current account surplus.

20. As shown in annex X, the surplus balance held in a suspense account amounts to 64.9 million.

22. As shown in annex XI, the surplus balance held in a suspense account amounts to 90.5 million.

Consequently, a correction of the imbalances requires broad based multilateral policy coordination, as well as counterbalancing action in other major surplus economies.

We have a surplus to sell in the market.

China s Shrinking Trade Surplus

X. Surplus balance . 42

Surplus (deficit ) for period

XI. Surplus balance . 55

Net surplus balance 70.9

If the payments balance is positive (a surplus), the transfer is a net outflow and is conventionally shown as a negative number. a

China represents a massive challenge even for countries, such as Brazil, that have achieved a significant trade surplus up to now.

China s surplus, as a percentage of GDP, has fallen, but the long term implications have yet to play out.

And, of course, one needs the mindset to be wanting to give away what you have as a surplus.

(b) The operational budget recorded a surplus of 1.8 million.

The Government thus recorded a surplus balance of 154 million.

A lot of our surplus wealth goes to museums, etc.

The End of China s Surplus

I call it cognitive surplus.

The net reserve as at 31 December 2004 amounts to 3,650,469 ( 3,133,155 at 31 December 2003) as a result of a net surplus of 517,313 for 2004.

(iii) 15,671,000 dollars, being the balance in the surplus account as at 31 December 2003

(iii) 25,395,513 dollars, being the balance in the surplus account as at 31 December 1999