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China records its first trade deficit
14/4/2018 12:00 am [rtl]Beijing Last month, China recorded its first trade deficit since February 2017, with imports rising more than forecast and exports falling. China posted a trade deficit of 4.98 billion dollars last March, compared with a surplus of 33.75 billion dollars in February, according to data released by China's customs authority on Friday. Analysts had forecast that China's trade balance would record a surplus of $ 27.5 billion. China's imports rose by 14.4 percent in March, against expectations of 10 percent, the data showed . On the level of exports of the world's second-largest economy, it fell by 2.7 percent, against expectations of an increase of about 10 percent. China's trade surplus with the United States fell to a one-year low of $ 15.4 billion. By 6:45 am GMT, the yuan was steady against the dollar at 6.2876 yuan.[/rtl] [rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=155421[/rtl] |
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