China swung to a surprise trade deficit in February of $7.3 billion, its largest in seven years, as the Lunar New Year holiday dealt an unexpectedly sharp blow to exports.
Inside these posts: Trade pact
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EU forges first Asian trade pact with S. Korea
The European Union and South Korea signed a free-trade deal Wednesday that could double trade between them and trigger more calls among Asian states for such pacts with the 27-nation bloc.
The accord, Europe’s first with an Asian nation, is set to take effect July 1 once ratified by the European Parliament. Get the full story »
