China's trade surplus falls to $15.25B in February from $29.15B in January but beats...

|By:, SA News Editor

China's trade surplus falls to $15.25B in February from $29.15B in January but beats expectations for a deficit of $7.75B. Exports +21.8% vs 25% and 10.1%. Imports -15.2% vs 28.8% and -8.8%. Data is distorted by the Chinese New Year, so analysts look at January and February combined, when exports rose 23.6% vs consensus of +17.6% and imports were +5% vs +10%.