China's soaring surplus with the United States has produced anger in manufacturing states, where cheap Chinese goods have been blamed for job losses.

This surplus alone could produce sufficient bioethanol to replace around 2.5% of the UK's petroleum consumption, without requiring any increase in wheat cultivation or reduction in food supply or exports.

Not surprisingly, the new Bush administration rejects the view of Mr. Rubin that the dwindling deficit and emerging surplus produced the boom in the second half of the 1990's.

A global surplus of capacity and falling prices have produced heavy losses, revenue is not growing and the unit is heavily in debt, including a $1.2 billion bank loan that must be repaid in July.

Doumeng controversially made his fortune by selling subsidized surplus produce to communist countries.

One class (the majority) does the productive work, while a minority class dominates them and seizes all the surplus produced.

After meeting quotas for the state, farmers will be allowed to sell their surplus produce in public markets at whatever price they can get.

The surplus produces would be exported to the nearby villages and to the urban too.

The peasants were freed from wholesale levies of grain and allowed to sell their surplus produce in the open market.

But whether the capital, which carries this surplus produce abroad, be a foreign or a domestic one is of very little importance.