China's imports surge almost 40% year-on-year in February on higher commodity prices, strong domestic demand
China's imports have surged almost 40% in February this year fuelled by higher commodity prices and strong domestic demand which bolstered hopes that the world`s number two economy is getting back on track.
Imports surged as economic activity recovers and commodity prices increase, Wen Bin, a researcher at China Minsheng Banking Corp in Beijing, told Bloomberg News. Representational Image. Image Source: Reuters