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An employee works at a textile factory in Suining, Sichuan province. - Reuters pic

SHANGHAI, Sept 4 — China may record a smaller trade surplus of US$150 billion (RM480 billion) in 2010 as imports will likely rise in the next few months while exports growth slows, the official China Securities Journal reported today.

The rebound in imports is due mainly to rising demand for raw materials as the destocking cycle comes to an end, Wang Zixian, deputy director of the policy research office of the Ministry of Commerce, was quoted by the Securities Journal as saying.

China recorded a trade surplus of US$196 billion in 2009. — Reuters