Trade deficit forecast for March
By Ding Qingfen | China Daily | Updated: 2011-03-21 08:01
Shrinking surplus, rising imports amid growth pattern transformation
BEIJING - China will probably post a trade deficit in March after reporting a surprise deficit in February, as its efforts to stimulate imports take off, Commerce Minister Chen Deming said on Sunday.
Economists also said the country's shrinking trade surplus and rising imports will help tighten capital liquidity, curb inflation and reduce pressures on yuan appreciation.
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