Pressure on yuan rise 'not justified'

Trade surplus continues to fall, so stable currency necessary: Ministry

China's trade surplus has shrunk significantly in recent months, so calls by other countries to let the renminbi appreciate are not justified, the Ministry of Commerce said yesterday.

The surplus will continue to diminish in the next few months, the ministry said; and therefore, growing pressure from the United States for China to revalue its currency is becoming "more and more groundless".