(MENAFN) Exports and imports of China saw a significant decline in March 2014 on tough regional competition with trade partners, according to Oman Observer
Trade in the country was lower than expected, giving a disappointing indicate for traders, resulted from low industrial output and consumer spending
The country's output fell by 11.3 percent year-on-year to reach USD162 .4 billion, while exports dropped 6.6 percent to USD170.1 billion
Surplus resulted from a drop in exports and imports stood at USD7.7 billion, while deficit hit USD884 million in March 2013
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