China exports: China exports tumbled 14.6 per cent in March, while imports registered another weak performance sliding 12.3 per cent for the month, according to Australian Broadcasting Corporation. The readings indicate that China is being hit with weak demand both domestically and abroad. Related Story: Hodgman makes visit to China to 'capitalise' on growing relationship Map: China China global trade — both imports and exports — have slipped dramatically pointing to an economy that is cooling off much faster than expected. ANZ Beijing-based economist Li-Gang Liu said the very weak import data suggested domestic demand has slowed further, possibly pointing to a below 7 per cent growth when the latest GDP figures are released on Wednesday. China export performance showed a sharp reversal from strong growth in February, with exports to key markets in the US, Europe and Japan falling by 8 per cent, 19 per cent and 25 per cent respectively. The weaker than expected import data follows an even heavier 20 per cent fall in February.
(news.financializer.com). As
reported in the news.
Tagged under China exports, China export performance topics.