Quote from Article China's trade surplus has narrowed for a third straight year as demand for its products weakened in the US and Europe. Commerce Minister Chen Deming said the surplus was around $160bn (103bn) in 2011. That compares with a record of $295bn in 2008. China has warned that its export growth will come under more pressure this year as US and European economic problems persist. http://www.bbc.co.uk/news/business-16421121
