China’s March Trade Balance (CNY): Exports jump 16.8%, imports surge 35.2%

China's Trade Balance for March, in Yuan terms,

The exports in the third month of 2021 surged 16.8% vs. 139.5% last.

Imports jumped by 35.2% vs. 10.3% prior.

Additional takeaways

Steady domestic growth has boosted trade.

Believes trade momentum can be sustained.

High comparison base will bring challenges to trade growth in Q2 2021.

 

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