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.
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