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Urgent: China February exports slump 20.6 pct, imports down 8 pct

Xinhua, March 8, 2016 Adjust font size:

China's exports in yuan-denominated terms slumped 20.6 percent year on year to 821.8 billion yuan (126.3 billion U.S. dollars ) in February while imports dropped 8 percent to 612.3 billion yuan, customs data showed on Tuesday.

The monthly foreign trade surplus shrank by 43.3 percent year on year to 209.5 billion yuan in February, according to the General Administration of Customs (GAC).

Total foreign trade value in February fell 15.7 percent year on year to 1.43 trillion yuan. Endi