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Feb trade surplus drops 64%

By Jiang Jingjing and Chen Jialu | China Daily | Updated: 2008-03-11 07:14

China's trade surplus plunged 64 percent to $8.6 billion in February, far below market expectations.

Export growth decelerated sharply to 6.5 percent year-on-year, compared with 26 percent in the same period in 2007 and 27 percent in January.

Growth in imports surged 35.1 percent year-on-year, compared with 21 percent in 2007 and 27.6 percent in January.

Feb trade surplus drops 64%

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