China February Exports Post Worst Fall Since May 2009 | |||||||||||
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//english.dbw.cn 2016-03-10 11:19:31 |
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The latest figures show that Chinese import and export numbers shrank more than expected in February. Yuan-denominated exports dipped over 20 percent in February to 126 billion U.S. dollars. It's also a decline of more than 6.5 percent compared to January's annualized figures. Imports are down nearly 14.5 percent year-on-year, and by around 8 percent from the previous month. For more on the latest trade figures, CRI's Spencer Musick spoke earlier with John Ross, senior fellow with the Chongyang Institute for Financial Studies at Renmin University. |
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Author: Source:CRI Editor:Yang Fan |