China's March exports miss forecasts as imports jump
China's March exports rose 2.5%, well below forecasts, while imports unexpectedly jumped 27.8%, signaling a more uneven growth picture as Middle East turmoil hits trade.
From the sources (8 posts)
@reutersbizChina's export engine slowed in March as buyers chasing an AI-fueled future ran into the hard reality of war in the Middle East, which has sparked an energy shock and complicated Beijing's push to keep growth on track. More here: https://t.
@polymarketJUST IN: China’s exports rose just 2.5% in March, far below forecasts of 8.6%.
@ftChina exports slow as Middle East turmoil weighs
@firstsquawkChina exports slow as Middle East turmoil weighs-FT
@zerohedgeChina Exports Growth Slows Sharply: Imports Surge China exports in dollar terms rose 2.5% y/y in March, far below expectations for an 8.6% increase. Imports jumped 27.8% y/y, significantly beating expectations of a 13.9% rise.
@firstsquawkChina’s imports surge in March as exports soften amid Hormuz blockade-SCMP
@cnbcChina exports miss estimates in March, imports post best growth in more than four years
@businessChina’s export growth slowed sharply in March from previous months, reflecting growing strains on the world’s No. 2 economy as the war in Iran upends global energy supply