China's March exports dropped 7.5% and imports shrank 1.9%, resulting in a trade surplus of $58.55bn, below expectations.
China's exports dropped 7.5% in March, with imports unexpectedly shrinking by 1.9%, both figures significantly missing market forecasts. The trade surplus for March was reported at $58.55 billion, falling short of the expected $70.2 billion. These figures have raised concerns about the strength of China's economic recovery and the challenges faced by policymakers in supporting a fragile economic recovery.
April 11, 2024
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