China | China posts rare trade deficit as February imports surge 44.7%

China posts rare trade deficit as February imports surge 44.7%

The increase, only published in yuan-denominated terms, boils down to the need to feed a months-long construction boom, driven by commodities from iron ore and copper to crude oil and coal

March 8, 2017 3:02 PM (UTC+8)
Onlookers watch from a harbour wall as the largest container ship in world, CSCL Globe, docks during its maiden voyage, at the port of Felixstowe in south east England, January 7, 2015.  Photo: Reuters/Toby Melville/File Photo
Onlookers watch from a harbour wall as the largest container ship in world, CSCL Globe, docks during its maiden voyage, at the port of Felixstowe in south east England, January 7, 2015. Photo: Reuters/Toby Melville/File Photo
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