China's exports and imports shrink in March, miss forecasts by big margins
The dour data represented a setback for the world’s second-largest economy after a generally better-than-expected start to the year
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The dour data represented a setback for the world’s second-largest economy after a generally better-than-expected start to the year
Foreign buyers will throng the vast halls of China's biggest trade expo from Monday, scouting for deals on Chinese goods that U.S. and European governments complain are flooding global markets. The 135th Canton Fair comes as China is making a strategic policy shift, accelerating resource distribution towards its manufacturing complex and away from its crisis-hit property sector, in the hope that it can move up the value scale. This is causing alarm in Washington and Brussels, especially over what China calls the "new three" industries of electric vehicles, batteries and solar ...
Exports from China shrunk sharply in March, with imports also unexpectedly contracting, both undershooting market forecasts by big margins, customs data...
China's economic troubles deepen as industrial profits sharply fall, factories contract, and deflation raises concerns for overall growth.
Chinese exporters, particularly smaller firms, are facing a dire situation as tumbling prices threaten their profitability and survival.