Market news
08.03.2018, 07:20

Chinese trade balance surplus much higher than expected din February

China's exports grew at a faster-than-expected pace in February, data from the General Administration of Customs showed Thursday, cited by rttnews.

In dollar terms, exports jumped 44.5 percent year-over-year in February, much faster than the 11.0 percent rise economists had forecast.

Imports climbed 6.3 percent in February from a year ago, slower than the expected growth of 8.0 percent.

The trade surplus totaled $33.74 billion in February, in contrast to the expected deficit of $5.7 billion.

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