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China posts surprise trade surplus in March
By Wang Yanlin |
April 10, 2012, Tuesday
|
Online Edition
Online Edition
CHINA reported a trade surplus for the month of March.
That followed a deficit of US$31.5 billion in February, the largest gap in a decade.
In the latest month, exports rose 8.9 percent to US$165.6 billion. Imports gained 5.3 percent to US$160.3 billion, creating a trade surplus of US$5.3 billion,
Analysts had forecast a deficit of US$9 billion.
That followed a deficit of US$31.5 billion in February, the largest gap in a decade.
In the latest month, exports rose 8.9 percent to US$165.6 billion. Imports gained 5.3 percent to US$160.3 billion, creating a trade surplus of US$5.3 billion,
Analysts had forecast a deficit of US$9 billion.
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