SHANGHAI (XFN-ASIA) - China's annual export growth will slow from 26.7 pct this year to 14.9 pct in 2007, due to the rising yuan and adjustments to the export tax rebate, said the official China News Agency, quoting a blue paper issued by Chinese Academy of Social Sciences (CASS), the government think tank.
Although imports will rise by 22 pct next year, growing faster than exports, China's huge trade surplus is likely to exceed 120 bln usd by the end of 2007, it said.
China's 2005 exports reached 762 bln usd.
(1 usd = 7.85 yuan)
lilian.wu@xfn.com