China announced large trade gap amid growing imports in February

Note: This section contains information in English only.
Source: BBC
China announced the largest trade gap in more than a decade last month amid soaring commodity imports. The trade deficit jumped to 31.5 billion US Dollars as imports surged by 39.6% on a yearly basis while exports posted 18.4% gain in the period. Experts consider that widening of the deficit is a sign that China is facing more challenges that initially expected. At the moment, commodity prices needed for production are growing while global economic uncertainty continue to weight down on the China's exports.
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