China's foreign trade continued to fall in March, but the momentum of decline has greatly eased, indicating that the world's second-largest economy is gradually recovering from the fallout of the COVID-19 pandemic.

 

China's exports fell by 6.6 percent in March from a year ago, while imports dropped by a slight 0.9 percent in the same month, data from the General Administration of Customs showed on Tuesday.

 

That was better than expectations. Polls by Reuters showed that China's exports were expected to fall by 14 percent in March year-on-year, and its imports by 9.5 percent. Compared with the first two months of this year, when exports fell by 17.2 percent and imports by 4 percent, the March figures indeed indicate that the situation is improving, although the rebound still remains mild. （China Daily）