China's March trade surplus back in the black
- China.org.cn, April 10, 2012
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Containers are piled at a port in China. [File photo] |
China swung back to trade surplus in March from February's deficit of US$ 31.48 billion, posting US$670 million in trade surplus in the first quarter, the General Administration of Customs said Tuesday.
China's foreign trade in March expanded 7.1 percent from a year ago to climb to US$325.97 billion, with a trade surplus of US$5.35 billion.
Exports amounted to US$165.66 billion in March, up 8.9 percent year-on-year, while imports reached US$160.31 billion, the GAC data showed.
For the first quarter, China's imports and exports rose 7.3 percent year on year to reach US$859.37 billion, according to the GAC.