BEIJING—China posted its first trade deficit in three years last month, driven by higher commodity prices, an unexpected drop in exports and the effect of the Lunar New Year holiday. February’s $9.15 billion deficit surprised analysts and market watchers, many of whom had expected China’s usual run of trade surpluses to continue. The country’s previous monthly trade gap was in February 2014, totaling nearly $23 billion.

Source: Wall Street Journal March 08, 2017 08:35 UTC