China's Feb trade surplus reaches new high

Beijing

CHINA'S trade surplus hit a record high last month as exports surged on better global growth and imports remained weak, underlining the inherent weakness in domestic demand.

Data released by the General Administration of Customs on Sunday showed that China posted a record trade surplus of US$60.6 billion last month.

For January and February combined, the surplus totalled US$120.7 billion.

China's trade surplus has been a source of tension over the past deca…