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China's March exports contracted sharply, while imports also unexpectedly shrank, both undershooting market forecasts by big margins, customs data showed https://t.co/QVI06UTctp pic.twitter.com/FmQy05l1PS
— Reuters (@Reuters) April 12, 2024
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Chinese exports in March weakened substantially and unexpectedly. China’s low-cost comparative advantage is prob starting to face the headwinds of trade friction. Import remains resilient, suggesting domestic demand. https://t.co/9ajY3u2enO pic.twitter.com/MP54UrUBKE
— Hao HONG 洪灝, CFA (@HAOHONG_CFA) April 12, 2024
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#ChinaDataWatch | China March exports in USD terms falls 7.5% YoY vs estimate of 1.9% decline & imports in USD terms falls 1.9% YoY vs est of 1% rise#China #ChinaExportsImports pic.twitter.com/gyuAAp2jBx
— CNBC-TV18 (@CNBCTV18Live) April 12, 2024
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If Beijing did not anticipate that its trading partners would not be keen on a recovery plan from the property market slump that focused on directed credit to manufacturing, well, Chinese policy makers are living inside a huge bubble
— Brad Setser (@Brad_Setser) April 12, 2024
2/2 pic.twitter.com/KZmp8nkMmX
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weehingthong 