China Imports Rise Most in Year Amid Signs of Economic Recovery
(Bloomberg) — China recorded its biggest gain in imports in a year last month while a slide in exports decelerated, adding to evidence that the world’s second-largest economy is recovering from the impact of pandemic lockdowns.
Imports rose 4.2% from a year ago to $197 billion in February, following a slump of 21.4% in January and snapping four months of decline, figures released Saturday by the General Administration of Customs showed. Exports slipped 1.3% year-on-year in February to $214 billion, slowing from a slide of 10.5% in the previous month.
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