Global Analysis from the European Perspective. Preparing for the world of tomorrow

China’s March trade surplus soars past expectations, Beijing data show

  • Dollar-denominated exports rose 14.2 percent for March from a year ago, topping expectations of a 7.3 percent rise from a year ago, according to a Reuters poll.
  • But dollar-denominated imports were down 7.6 percent in March from a year ago, falling short of expectations of a 1.3 percent decline from a year ago.
  • China’s March trade surplus with the U.S. — a politically sensitive measure given the ongoing trade war between Washington and Beijing — came in at $20.5 billion.

 Source: CNBC

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