China Trade Balance Rose In March

(For March 2011)

China trade balance was reported at USD 0.14 billion vs. USD -7.3 billion in February and USD -3.4 billion consensus. Export and import growth were running at 35.8 and 27.3 percent vs. 2.4% and 19.4% y-o-y in February

For Q1 2011, exports and imports rose by 26.5% y-o-y and 32.6% y-o-y, with the trade deficit atUS$1bn.

Better than consensus, but high commodity prices clearly kicking in.

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This entry was posted on Monday, April 11th, 2011 at 6:50 am and is filed under China, Commodities. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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