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China's government has released figures showing its monthly trade surplus more than doubled in April after a big slump the previous month. The General Administration of Customs said Friday that the monthly trade surplus rose to nearly 17 billion dollars in April, from just under seven billion dollars in March. The surplus in March was well below forecasts of up to 20 billion dollars, but analysts had said the decline was due to temporary factors. February's trade surplus of nearly 24 billion dollars was the second-highest on record.
Beijing says exports between April of last year and this year rose nearly 27 percent, while imports rose over 21 percent. In Washington, members of Congress and others in government accuse China of holding down the value of the yuan to give Chinese exports an unfair price advantage.