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China’s Export Surge Helps New Leaders Sustain Rebound

China’s exports exceeded forecasts in February, an indication that improving global demand may help to sustain the rebound in the world’s second-biggest economy.

Overseas shipments increased 21.8 percent from a year earlier, the customs administration said on its website today, in a month that had four fewer working days than last year. The number compares with the 8.1 percent median estimate in a Bloomberg News survey. Imports fell a more-than-estimated 15.2 percent, leaving a trade surplus of $15.25 billion.