Finweek English Edition - - THE WEEK -

China re­ported bet­ter-than-ex­pected trade data for March, with ex­ports ris­ing 11.5% year-on-year in dol­lar terms and im­ports de­clin­ing 7.6% over the same pe­riod. The re­sul­tant pos­i­tive trade sur­plus also helped boost China’s for­eign ex­change re­serves, which in­creased in March for the first time in five months, re­ported. The pos­i­tive eco­nomic data, in­clud­ing the In­ter­na­tional Mone­tary Fund (IMF)’s re­vised growth out­look for China up­wards from 6.3% to 6.5% for the year, sent global stocks to 2016 highs on 13 April, though con­cerns re­main over China’s large debt lev­els and the sus­tain­abil­ity of the gov­ern­ment’s stim­u­lus mea­sures.

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