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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