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China’s exports continue decline in Jan-Feb

China’s exports fell 6.8% year-on-year to $506.3 billion in January-February, according to official data released on Tuesday. Outbound shipments recovered from a 9.9% decline in December and exceeded the market forecast of a 9% drop. Chinese imports f…
March 7, 2023

China’s exports fell 6.8% year-on-year to $506.3 billion in January-February, according to official data released on Tuesday. Outbound shipments recovered from a 9.9% decline in December and exceeded the market forecast of a 9% drop. Chinese imports fell 10.2% in the first two months of this year compared to the same period in 2022, after falling 7.5% in December. Also, the trade surplus of the world’s second-largest economy rose to $116.9 billion from $78 billion in the same period.

Source Anadolu Agency

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