China’s Trade Balance: Surplus balloons in March as Exports surge

China's Trade Balance for March, in Chinese Yuan (CNY) terms, arrived at CNY736.72 billion, showing a massive expansion from the previous figure of CNY122 billion.

Exports jumped 13.5% YoY in March vs. 3.4% in February. The country’s imports fell 3.5% YoY in the same period vs. -7.3% booked previously.

In US Dollar (USD) terms, China’s trade surplus expanded more-than-expected in March.

Trade Balance came in at +102.6B versus +77B expected and +170.51B previous.