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Data don’t show China cutting export prices overall

Summary by Asia Times
China’s exports fell in March by 7.5% year-on-year, although the fall was mainly due to base effect: Chinese exports spiked in March 2023, so the comparison is distorted by the exceptionally high level of the year-earlier month. In RMB terms, China’s exports continue to follow a rising trend after the big jump between 2019 and […] The post Data don’t show China cutting export prices overall appeared first on Asia Times.

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Asia Times broke the news in Hong Kong on Friday, April 12, 2024.
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