Latest News

China’s exports missed forecast in March, while imports rose more than expected

0

A Chinese flag flies on a vessel moving past shipping containers being unloaded at a Tianjin Port Group Co. dock in Tianjin, China.

Nelson Ching | Bloomberg | Getty Images

China on Tuesday said its exports for March jumped 30.6% from a year ago in U.S. dollar terms — missing analyst expectations.

Meanwhile, the country’s imports in U.S. dollar terms rose 38.1% in March from a year ago.

Analysts polled by Reuters had expected Chinese exports to rise 35.5% year over year in March, and imports to climb 23.3% over the same period.

This is breaking news. Please check back for updates.

Alibaba shares rise 2% after Beijing orders Ant Group to revamp business

Previous article

Retailers look to innovate and tempt customers back to physical stores

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News