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Business Brokerage By Randy Chen

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Forex Broker (AXcess News) Hong Kong - Tuesday's meeting inWashington of the annual Joint Commission on Commerce and Trade produced some early results before President Hu Jintao leaves for talks in Washington with President George Bush next week.

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Online Brokerage China agreed to lift a ban on American beef, crack down on copyright piracy and consider opening up its government bidding process to American firms, though no specific timetable was set.

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Real Estate Broker The announcement came after a day of economic talks the Bush administration hopes will reduceconcern over a record $202 billion trade deficit with China.

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Agency Brokerage Spark China just announced that its trade surplus hit a record $11.2 billion in March, adding fresh fuel to critics of China's yuan revaluation and trade policiesbefore the news of China's cooperation over beef imports and copyright piracy were announced.

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Business Broker China's trade surplus leaped 41.1 percent in the first quarter, a record setting period when China usually is at its weakest period in the year.

Brokerage Account In 2005, China's trade surplus was $102 billion and analysts expect that this year itwill reach $140 billion.

Stock Broker Congress is already angry at China for not balancing its bilateral trade with the U.S. and now that that March figures show an even greater trade surplus in China, Hu is going to face an even tougher chance of holding his ground over China's trade imbalance.

Brokerage Online Stock Trading On Monday, President Bush said, "I thinkPresident Hu Jintaocould help Americans understand the importance of a free trading world if he were to make a statement on his currency."

Broker Justin Ticket "One meeting is not going to solve all of our outstanding trade issues with China," U.S. Trade Representative Rob Portman said at a joint news conference with the Chinese Tuesday.

Real Estate Brokerage Chinese Vice Premier Wu Yi, who led the Chinese delegation meeting in Washington said she and the delegates were following top Chinese officials orders to improve relations with U.S. companies to buy more of their goods.

Commodity Broker Wu inferred that rather than Hu giving in over China's currency revaluation that China would resolve its trade imbalance by purchasing more goods from the U.S. and make it easer for American companies to do business in China, a move that itself will not resolve U.S. lawmakers determination to correct the trade imbalance through tariffs if Hu's administration did not cooperate.

Brokerage House Wu's 200-strong delegation of officials and business executives hoped to come away with 107 contracts to buy $16.2 billion in U.S. products.

Real Estate Broker Exam $4.6 billion of that figure was in the form of 80 commercial Boeing jetliners which was signed Tuesday.

Brokerage Services But regardless of the buying spree, the Yuan is still a key issue to Congress.

Broker Live Ticket In July, China moved to untie its currency from the dollar, revaluing the Yuan 2.1 percent.

Online Brokerage Firm ButChina's central bank has since kept the currency reigned in, letting it rise just 1.3 percent to 8.0050 per dollar. Traders say that thecurrency floating just over 8 yuan to the dollar is a move to pacify the Bush administration and hold the U.S. from insisting that China become more flexible with its currency to world markets.

Security Broker Dealer U.S. lawmakers believe that China's currency should be stronger due to China's trade surplus, fast-rising productivity and record currency reserves of $853.6 billion. While China's central bank chief Zhou Xiaochuan's belief that the surplus was down to deep-seated causes, such as China's attractiveness to foreign investors and a high national savings rate.

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