Today news
About the same in other media
China’s Export Decline Deepens, Threatening Growth
Reading now: 326
HONG KONG—The export boom that carried China’s economy through much of the Covid-19 pandemic has lost momentum, adding urgency for Beijing to seek growth drivers elsewhere as the global economy struggles.
The decline for Chinese exports got steeper in the final month of 2022, falling 9.9% from a year earlier, compared with a 8.7% drop in November, according to data from China’s customs bureau. While the decline wasn’t as steep as the 10.5% drop forecast by economists polled by The Wall Street Journal, it marked the biggest dip since February 2020, when a nationwide lockdown brought economic activity to a halt.
Read more on wsj.comAbout this in other media
China’s Reopening Complicates Global Fight Against Inflation wsj.com /1 year ago
China’s Reopening Complicates Global Fight Against Inflation wsj.com /1 year ago
Lagarde Says China’s Economic Rebound Revives Inflation Worries wsj.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
