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China's March trade surplus soars past expectations, Beijing data show

From cnbc.com

All told, that gave China a March trade surplus of $32.64 billion, according to Reuters and Dow Jones calculations. Dow Jones said the surplus was only expected to have come in at $6 billion and Reuters had expectations at $7.05 billion. However, analysts had said the gains might be due more to seasonal factors rather than a turnaround in lackluster global demand, with shipments jumping after the long Lunar New Year holidays dampened business activity in February. China's March trade surplus with the U.S. — a politically sensitive measure given the ongoing trade war between Washington and Beijing -- came in at $20.5 ... (full story)

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  • Category: Fundamental Analysis