Weak demand causes China's Feb exports and imports to tumble
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
CHINA'S exports tumbled by more than 25 per cent in February, adding to Beijing's woes, struggling to impose reform while averting a sharp slowdown of the economy.
Exports dropped by 25.4 per cent in dollar terms, its biggest monthly drop in nearly seven years while imports fell by 13.8 per cent last month, far under analysts' expectations.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern