China exports jumped 21.8% in February, exceeding the median economist forecast of a 8.1% gain, following a 25% increase in the previous month. Combined exports for January and February increased 23.6% from a year earlier, compared with previously released data showing a 6.8% gain in the same period in 2012. To the contrary, imports dropped a more-than-estimated 15.2% in the last month, while analysts had anticipated a 8.5% drop. However, the decline comes after imports gained 28.8% at the beginning of the year. China’s trade balance closed with a surplus of $15.2bn in February, compared to $29.15bn in January.