Thursday July 9, 2020

China's exports decline by 11.2% in January

The data has raised concern of a lingering trade slowdown

15th February, 2016
Chinese exports fell by more than 11% in January Pic: Pixabay

A slide in China’s exports in January was eclipsed by an even bigger tumble in imports, leaving a record trade surplus for the world’s biggest trading nation.

Overseas shipments declined 11.2 per cent in January in US dollar terms from a year earlier, the customs administration said on Monday, compared with a 1.4 per cent drop in December. Imports extended a stretch of declines to 15 months, tumbling 18.8 per cent,...

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