2015-04-13telegraph.co.uk

Fears of a slowdown in the world's second largest economy were revived on Monday as China's exports collapsed by a spectacular 15pc in March.

Weak foreign demand sent exports plungeing as data also showed imports fell by 12pc year-on-year leading to concerns economic growth will register a significant slowdown when quarterly GDP figures are released on Wednesday.

...

A significant brake on Chinese growth could now "ripple out across the globe," said Michael Hewson of CMC Markets.

...

China's exporters have been hurt by the rising value of the yuan, which has appreciated in line with the US dollar.



Comments: Be the first to add a comment

add a comment | go to forum thread