CHINA’s exports declined in March, dealing a blow to hopes that booming sales abroad would offset weak demand at home, reports Caixin. Exports shrank 7.5 per cent in dollar terms in March from a year earlier, while imports fell 1.9 per cent, said the customs administration. Both numbers are well below economists’ forecasts. The trade surplus for the month was almost US$59 billion. Bright spots in early March data, especially from trade and industry, offered encouragement that China’s goal of...
https://www.seanews.com.tr/china-exports-drop-more-than-expected-7-5pc-in-value/200109/