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China Exports, Imports Fall Sharply in February

Mar 08 , 2016

China's exports fell 25.4 percent on-year in February, while imports declined 13.8 percent, clocking far bigger slides than expected by analysts.

Analysts polled by Reuters had expected a 12.5 percent drop in February exports, and a 10.0 percent drop in imports, after China's exports fell 11.2 percent in January from a year earlier and imports slid 18.8 percent.

According to Reuters, the on-year decline in exports in February was the steepest since May 2009.

China's trade surplus came in at $32.59 billion in February, against analysts' expectations of a $50.15 billion surplus.


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