China - has recorded its first trade deficit for 11 years, just under $31.48b in February, according to official figures.

Published on Mar 12, 2012 by Euronews

http://www.euronews.com/ China has recorded its first trade deficit for 11 years, according to official figures.

The world's second largest economy posted a deficit of just under $31.48 billion in February.

China is normally a net exporter of goods but is suffering from the effects of the eurozone crisis and a slow economic recovery in the United States.

A deficit had been expected but the figure exceeded analysts' forecasts.