China's March Exports Fall at Slower Pace

China's exports fell for the fifth month in a row to 90.29 billion U.S. dollars in March, down 17.1 percent from a year earlier, the General Administration of Customs said Friday.

In February, the country's exports plummeted 25.7 percent year-on-year, the worst decline in more than a decade.

Imports slumped 25.1 percent year-on-year last month to 71.73 billion U.S. dollars, compared with a 24.1-percent decline in February.

Total import and export value was 162.02 billion U.S. dollars last month, down 20.9 percent year-on-year.

Trade surplus rose to 18.56 billion U.S. dollars, up 41.2 percent from a year earlier. This was compared with 4.84 billion U.S. dollars in February.

March exports rose 32.8 percent from February while imports grew 14 percent month-on-month. This indicated a sign of improvement in the country's foreign trade, the customs agency said. 
 

Source: CRIEnglish