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Columns - page 42

Understanding China’s rare trade deficit, revisited

On March 10, China’s General Administration of Customs reported that its February monthly trade deficit had reached $31.5 billion, its weakest performance in more than two decades. Chinese imports surged by a faster-than-expected rate of 39.6 percent compared to February last year, while exports climbed at a slower-than-expected rate of 18.4 percent. Perhaps counter-intuitively, the… Keep Reading

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