China's exports likely contracted in February after a surprise bounce in Ja...
BEIJING - China’s exports likely contracted in February after a surprise bounce in January, while imports fell for a third straight month, a Reuters poll showed, heightening anxiety over whether Washington and Beijing can resolve deep differences over trade.
Such a drop would be the biggest since December 2016, and suggest a further weakening in global demand. But most analysts typically caution that China’s data early in the year can be highly distorted by the timing of the Lunar New Year holidays, when some business rush out shipments or scale back output before shutting for a extended break. As such, analysts’ estimates for February varied widely.
Factory surveys have suggested exports and imports will remain weak in coming months, with February’s official gauge showing export orders fell to their weakest level since the global financial crisis.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China February factory activity shrinks to three-year low, export orders worst in a decadeFactory activity in China contracted to a three-year low in February as export o...
Read more »
China factory activity shrinks to 3-year in February, export orders worst in a decadeFactory activity in China shrank for the third straight month in February, with its official manufacturing gauge falling to a three-year low.
Read more »
Pollution soars in Northern China in February: official dataAir pollution in 39 smog-prone northern Chinese cities soared in February, makin...
Read more »
Pompeo: US to make sure China can't blockade South China SeaMANILA, Philippines (AP) — U.S. Secretary of State Mike Pompeo says the United States is committed to ensuring the South China Sea remains open to all kinds of navigation and that 'China does not...
Read more »
Farmer sentiment takes hit amid growing worries over trade warFarmer sentiment weakened in February amid uncertainty about the trade war with China and continued concern over price risk in agricultural markets, according to a survey released Tuesday.
Read more »
South Korea exports suffer biggest slide in nearly three years as China sales sagSouth Korea's exports contracted at their steepest pace in nearly three yea...
Read more »
NASA Says Earth Is Greener Today Than 20 Years Ago Thanks To China, IndiaNASA has some good news, the world is a greener place today than it was 20 years ago. What prompted the change? Well, it appears China and India can take the majority of the credit.
Read more »
Geely chairman says China auto industry faces restructuring in next 3-5 yearsZhejiang Geely Holding's Chairman, Li Shufu, said on Wednesday China's...
Read more »
NASA Says Earth Is Greener Today Than 20 Years Ago Thanks To China, IndiaNASA has some good news, the world is a greener place today than it was 20 years ago. What prompted the change? Well, it appears China and India can take the majority of the credit.
Read more »
After Trump walked out on Kim Jong Un, don't expect a US-China trade dealBeijing simply cannot accept Washington's control over its economy, Michael Ivanovitch writes.
Read more »