China Jan-Feb exports, imports slump again as global demand falters

by gulftimes


Tue, 2023-03-07 10:45

BEIJING: A fall in China’s exports for the January-February period pointed to continued weakness in demand for the country’s products, backing government concerns that a global slowdown will be felt at home, accordin to Reuters.

Imports dropped, too, government data showed on Tuesday, also partly reflecting weak foreign demand, since the country brings in parts and materials from abroad for many of its exports.

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