China Exports Rise at Fastest pace in a Year in March

The trade picture in the world’s second-largest economy staged a turnaround in March, with exports rising at the fastest clip since last February, official data revealed on Wednesday.

Dollar-denominated exports rose 11.5 percent on-year, recovering from a 25.4 percent slump hit in February that marked a seven-year trough. Imports meanwhile fell an annual 13.8 percent, unchanged from February.

That left Beijing with a surplus of $29.86 billion for the month, compared with February’s $32.59 billion surplus.

CNBC

Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.