China’s exports fall as US tariffs hit demand, imports slow

Reuters

 

China’s exports unexpectedly fell 1.1% in October, the worst performance since February, while import growth slowed to 1.0% amid weak domestic demand.

BEIJING: China’s exports unexpectedly contracted in October, recording their worst performance since February as US tariffs hammered demand.

The 1.1% decline reversed September’s 8.3% growth and missed Reuters’ forecast for a 3.0% expansion, highlighting the manufacturing giant’s continued reliance on American consumers.

 

https://thesun.my/business/global-business/chinas-exports-fall-us-tariffs-imports-slow/

 

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