China's August trade surplus 2nd highest this year

The U.S. will certainly pressure China for a currency adjustment. It won’t take long for demand will soften to a request, because China as a major lender to the US will set its own terms.

China's trade surplus hit its second-highest level this year in August, likely fueling U.S. demands for Beijing to ease currency controls.

"There certainly will be pressure from the United States," said economist Lu Zhengwei at Industrial Bank in Shanghai. "Their appetite is very big."

Source: finance.yahoo.com