China reports a surprise trade surplus in March

Note: This section contains information in English only.
Source: Bloomberg
China unexpectedly reported its trade balance reached a surplus in March as import grew less than predicted. Imports rose annual 5.3% compared to an expected growth a bit below 9%. Meanwhile the exports surged 8.9% on yearly basis, creating a surplus of USD 5.35 billion in contrast with forecast deficit of USD 3.15 billion. 

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