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

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China's March exports smash expectations, but imports fall short, Beijing data show

div > div.group > p:first-child"> Dollar-denominated exports rose 14.2 percent for March from a year ago, topping expectations of a 7.3 percent rise from a year ago, according to a Reuters poll.

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. The International Monetary Fund upgraded its 2019 growth forecast for China in a Tuesday report, citing Beijing's efforts to support the economy and an improved outlook for the Asian giant's tariff fight with the U.S.

 

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