China’s exports tumble 7.5% in March and imports also fall as demand slows
- China's trade surplus dropped to US$58.6 billion in March, a significant decrease from previous months, according to Larry Hu, Chief China Economist at Macquarie Capital.
- Exports declined due to the high base from last year, impacting the overall figure.
- Excluding the base effect, China's export recovery is still considered positive.
17 Articles
17 Articles
Chinese exports fell more than feared in March
BEIJING, China — Chinese exports plunged more than expected last month, official figures showed Friday, as the world’s second-largest economy struggles to sustain its post-pandemic recovery. Shipments sank 7.5 percent on-year, while imports shrank 1.9 percent, the General Administration of Customs said. A Bloomberg survey of economists had forecast exports to fall just 1.9 percent
WRAPUP 3-China's March exports and imports shrink, miss forecasts by big margins
WRAPUP 3-China's March exports and imports shrink, miss forecasts by big margins China's exports contracted sharply in March while imports unexpectedly shrank, undershooting forecasts by big margins, highlighting the stiff task facing policymakers as they try to bolster a shaky economic recovery. The dour data represented a setback for the world's second-largest economy after a generally better-than-expected start to the year. China has struggl…
The value of Chinese exports in March, expressed in dollars, fell 7.5 percent from a year ago. Chinese imports fell 1.9 percent.
China's exports tumble 7.5% in March and imports also fall as demand slows
HONG KONG (AP) -- China's exports contracted in March after growing in the first two months of the year, underscoring the uneven nature of the country's recovery from the pandemic.
China's exports tumble 7.5% in March and imports also fall as demand slows
HONG KONG (AP) — China’s exports contracted in March after growing in the first two months of the year, underscoring the uneven nature of the country’s recovery from the pandemic. […]

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