China trade balance surplus narrowed

10 March 2010 @ 05:05 am EDT

China's trade balance surplus narrowed to $7.614 billion in February compared with a previous surplus of $14.17 billion, while forecasts referred to $7.15 billion. Exports (YoY) rose 45.7% last month from 21.0%, and it topped analysts' estimates of 38.3%. On the other hand, imports climbed 44.7% in February from a year earlier after gaining 85.5%, and it was anticipated to climb 38.0%.

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