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Title : China's March Trade Surplus Was $19.9 Billion
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China's March Trade Surplus Was $19.9 Billion

CNBC: China’s exports, imports fell in March but not as much as expected

* China’s exports fell 6.6% in March from a year ago, while imports slipped 0.9% in the same month, data from the General Administration of Customs showed on Tuesday.
* Economists polled by Reuters had expected exports from China to fall 14% in March from a year ago, while imports were projected to fall 9.5% over the same period.
* The country’s March trade surplus was $19.9 billion, as compared to the $18.55 billion that economists polled by Reuters had expected.

China reported that its dollar-denominated exports and imports both fell from a year ago in March, but they were better than what economists had expected.

China’s exports fell 6.6% in March from a year ago, while imports slipped 0.9% in the same month, data from the General Administration of Customs showed on Tuesday.

Economists polled by Reuters had expected exports from China to fall 14% in March from a year ago, while imports were projected to fall 9.5% over the same period.

The country’s March trade surplus was $19.9 billion, as compared with the $18.55 billion that economists polled by Reuters had expected.

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Update: China's trade slump eases in March, but pandemic set to deepen export downturn (Reuters)

WNU Editor: That Chinese trade surplus number is a surprise. I expected it to be near zero. But almost all of China's major customers are now shut down, and I doubt that they will be buying from China for the foreseeable future.

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