China's exports rebounded at a faster than expected pace, while growth in imports slowed in March, data from the General Administration of Customs showed, cited by rttnews.

In dollar terms, exports grew 16.4 percent year-on-year in March, reversing February's 1.3 percent decline. Shipments were expected to rise 3.4 percent.

At the same time, imports advanced 20.3 percent after expanding 38.1 percent in February. Economists had forecast a 15.5 percent increase.

As a result, the trade surplus totaled $23.9 billion in March, smaller the expected surplus of $12.5 billion.