Chinese imports from US slump 28% amid trade standoff

China 0 Comment 1

Mixed picture shows rebound in country’s exports, creating $32bn trade surplus in March

Chinese imports slumped in March, driven by a slowdown in US trade amid the tense standoff between Washington and Beijing, raising renewed questions over the strength of the Chinese economy.

Imports fell by 7.6% in March compared with a year earlier, worse than City economists’ forecasts for the volume of goods bought from abroad to grow by 0.2%.

Related: China’s trade with US slumps; eurozone factories beat forecasts – business live

Related: China hails ‘progress’ in trade talks, but US warns of ‘significant’ work ahead

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Link : Chinese imports from US slump 28% amid trade standoff

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