Fri, Apr 12 2024 3:29 AM EDT
China exports post big miss in March, total trade falls 5.1%
China’s exports fell far short of expectations in March, recording a 7.5% fall year on year.
This was far more than the 2.3% decline expected by economists polled by Reuters, and a reversal from the 7.1% year-on-year gain in the combined first two months of the year.
Total trade in the world’s second-largest economy also slid 5.1% year-on-year to $500.8 billion. China’s trade surplus shrunk more than expected to $58.55 billion, compared to the $70.2 billion expected in the Reuters poll.
— Lim Hui Jie
Fri, Apr 12 2024 2:20 AM EDT
