China’s trade surplus larger than expected in February amid surge in exports

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China’s trade surplus larger than expected in February amid surge in exports

Imports to China rose 3.5% Y/Y to $402.85 billion in the combined January-February 2024, beating market forecasts of a 1.5% growth and quickening from a 0.2% rise in December due to strong domestic demand during the year-end and Lunar New Year holidays.

ETFs: (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX).

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