Chinese exports fell back in March with the country posting its first trade deficit in dollar-denominated terms in more than a year.
China’s dollar-denominated exports fell 2.7 per cent year on year in March, according to figures from the General Administration of Customs, coming in short of a Reuters poll forecasting a 10 per cent increase.
Imports rose 14.4 per cent in dollar-denominated terms, higher than the 10 per cent increase forecast.
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