| Date: |
15-04-2011 |
| Subject: |
China March Trade Deficit With BRICS Increases 50.5% |
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China’s trade deficit with the other members of the BRICS grouping grew 50.5 percent in March from a year earlier to $2 billion, the customs bureau said in a statement on its website today.
Total exports from China to Brazil, India, Russia and South Africa rose 48.5 percent last month to $9.93 billion while imports gained 48.8 percent to $11.93 billion, the bureau said.
In the first quarter, China’s trade deficit with the other BRICS nations widened to $6.19 billion, 5.5 times more than the same period last year, the bureau said.
Source : bloomberg.com
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