Economics
China Exports Rebound After Holiday, Imports Warn of Fragility
- Talk of economy stabilizing is premature, says Trivium China
- First quarter marks the economy’s low point, says CIBC
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China’s exports rebounded after the Lunar New Year holiday amid a pickup in trade talks optimism, while a continued slide in imports underscored the fragility of the domestic economy.
Exports jumped 14.2 percent in March from a year earlier while imports fell 7.6 percent in dollar terms, the customs administration said Friday. That left a trade surplus of $32.65 billion, with the bilateral surplus with the U.S. rising to $20.5 billion in the month from $14.7 billion in February.