Logo 07 Mar 2023

Trade slump

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On Tuesday, China’s General Administration of Customs released trade data for the combined January-February period.
The headlines:

Exports fell 6.8% y/y in dollar terms in the first two months of 2023, compared with a 9.9% y/y fall in December.
Imports dropped by 10.2% y/y in the January-February p...