China Exports in Jan-Feb Beat Expectations for 7.1% Growth

Customs data from China were released on Thursday, stating that the country’s exports in USD terms during January-February surged by 7.1%, compared to the same period last year. The import numbers also rose by 3.5%.

Both figures beat expectations from economists polled by Reuters of an increase of 1.9% in exports and 1.5% in imports.

China’s trade in January-February edged higher to $125.116 billion, beating $103.7 billion expectation in the poll.