China's exports and imports beat estimates for first 2 months, signaling improving demand
China’s exports and imports for the first two months of the year beat estimates, an indication that demand may be improving as Beijing attempts to boost economic recovery
By ZEN SOO
Published - Mar 07, 2024, 12:39 AM ET
Last Updated - Mar 07, 2024, 12:39 AM EST
HONG KONG (AP) — China’s exports and imports for the first two months of the year beat estimates, an indication that demand may be improving as Beijing attempts to boost economic recovery.
Exports for the January-February period grew 7.1% from a year earlier, customs data released Thursday showed, higher than the 2.3% rise in December.
Imports rose 3.5% from the same time last year, up from a 0.2% growth in December.
China posted a trade surplus of $125.16 billion.
