You are here

China Feb exports fall 20.6% year on year in yuan-denominated terms

37475822 - 15_02_2016 - CHINA-ECONOMY-TRADE.jpg
China's exports fell 20.6 per cent in February from a year earlier in yuan-denominated terms, while imports dropped 8.0 per cent.

[BEIJING] China's exports fell 20.6 per cent in February from a year earlier in yuan-denominated terms, while imports dropped 8.0 per cent.

That left a trade surplus of 209.5 billion yuan (S$44.6 billion)for the month, the General Administration of Customs (GAC) said on Tuesday.

After missing trade goals repeatedly in recent years, China did not given a specific target for trade growth as it set out its key economic targets for 2016 on Saturday, reflecting deep uncertainty about the state of global demand.

REUTERS

sentifi.com

Market voices on:

Powered by GET.comGetCom