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Nowadays China is one of the world's biggest exporters and attracts record amounts of foreign investment.In turn, China's overseas investment reaches billions of dollars.As a member of the World Trade Organization, China benefits from access to the foreign markets.But relations with trading partners have been tensive because of China's huge trade surplus and the rampant piracy of goods.The trade surplus has led to demands for China to raise the exchange of Renminbi,which would make Chinese goods more expensive for foreign buyers and then possibly restrain the exports.Currently, China has responded with a gradual easing of restrictions on trading with Renminbi.
