Investing.com - China’s trade balance fell more-than-expected last month, official data showed on Saturday.
In a report, National Bureau of Statistics of China said that Chinese Trade Balance fell to -22.98B, from 31.86B in the preceding month.
Analysts had expected Chinese Trade Balance to fall to 14.50B last month.
Exports fell 18.1% from a year ago, after a 10.6% gain in January, and were much worse than the 6.8% increase that economists had expected.
Imports rose 10.1% from a year ago, after a 10% gain in January, and were stronger than the 8% increase that economists had expected.