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UPDATE – China’s exports jump in March, imports contract at faster pace

China’s exports picked up sharply in March but imports contracted for the fourth consecutive month, pointing to resilience in the global economy and sluggish domestic demand as the world second's largest economy is growing at the slowest pace in nearly three decades.

Exports climbed 14.2 per cent in March from a year earlier, measured in the USD terms, shows data released by the state customs on Friday. That represents the fastest growth in five months and a surge from a 20.8 per cent plunge in February.

Imports fell 7.6 per cent from a year earlier . . .

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