China’s trade embraces good start in 2018

China’s foreign trade embraced a larger-than-expected increase in the first two months of 2018, with a total value of 4.52 trillion yuan ($714 billion) for goods imports and exports, up 16.7 percent compared to the same period last year.
Exports stood at 2.44 trillion yuan ($386 billion), up 18 percent, while imports came in at $328 billion yuan, for a rise of 15.2 percent.
The EU, the US, the ASEAN and Japan were all key engines to China’s impressive exports and imports in January and February. The country’s total trade with Belt and Road nations stood at 1.26 trillion yuan ($199 billion), 5.2 percentage points higher than the general growth of its foreign trade.