Chinese Exports Plunge as Slowdown Deepens - News Summed Up

Chinese Exports Plunge as Slowdown Deepens


BEIJING—China’s exports fell sharply last month, adding to headwinds for the world’s second-largest economy as officials struggle to arrest a slowdown. Exports tumbled 20.7% from a year earlier in February, after jumping 9.1% in January, according to data from the General Administration of Customs released Friday. The disappointing trade data reflect weaker global demand and distortions from the Lunar New Year holiday, said economists, who were expecting a far smaller drop for February.


Source: Wall Street Journal March 08, 2019 06:37 UTC



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