Trade
China Imports Rise Most in Year Amid Signs of Economic Recovery
- Imports up 4.2% from a year ago to $197 billion in February
- Exports down 1.3% in February, after 10.5% slide in January
A coal depot near a power station in Jiaxing, Zhejiang province, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China saw 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.