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(Image from article: "China posts 1st quarterly trade deficit in 6 years")

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China posts 1st quarterly trade deficit in 6 years

China posts 1st quarterly trade deficit in 6 years

China reported its first quarterly trade deficit in six years Sunday as surging prices for commodities pushed up its import bill.

 

China Announces a Trade Deficit in March, Its First Since 2004

The country’s trade deficit was $7.24 billion last month, as imports jumped with a surging domestic economy.

 

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