China reports a surprise trade surplus in March

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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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Tue, 10 Apr 2012 11:14:48 GMT

German exports advanced in February

Germany unexpectedly posted a second consecutive increase in its exports in February boosted by demand outside European region. Exports added 1.6% in February compared to a 3.4% gain in January, Federal Statistics Office said on Tuesday. Analysts questioned by Bloomberg predicted a decline of 1.2%. German imports soared 3.9%. 

Tue, 10 Apr 2012 12:42:40 GMT

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