India, April 14 -- China's exports increased sharply in March as US importers front loaded their orders ahead of "Liberation Day" but imports declined due to weaker domestic demand, official data revealed on Monday.
Exports logged an annual growth of 12.4 percent in March, the customs office reported. This was much bigger than the expected growth of 4.4 percent. Moreover, the rate far exceeded the 2.3 percent rise posted in the January to February period. Meanwhile, imports fell 4.3 percent annually, worse than economists' forecast of 2.0 percent decrease. Imports had declined 8.5 percent in the January to February period. As a result, the trade balance posted a surplus of $102.6 billion in March. This was well above the expected level of ...