China's trade surplus drops to $29.86 billion in March

Market news

13 April 2016

China's trade surplus drops to $29.86 billion in March

The Chinese Customs Office released its trade data on Wednesday. China's trade surplus dropped to $29.86 billion in March from $32.59 billion in February, missing expectations for a decline to a surplus of $30.85 billion.

Exports climbed at an annual rate of 11.5% in March, while imports slid at an annual rate of 13.8%, the sixteenth consecutive decline.

Fitch Ratings affirms the U.S.’s sovereign debt rating at 'AAA'

U.S. budget deficit is $108.0 billion in March

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