CHINA: Chinese exports plunge 26% in February

China’s exports declined 25.7 percent year-on-year in February, the fourth straight monthly decline, according to China’s General Administration of Customs. Total foreign trade was US$124.95 billion in February, down 24.9per cent year-on-year. Total Chinese exports in February amounted to US$64.9 billion, reflecting weak demand for Chinese goods in the US and Europe. The country’s imports […]


China’s exports declined 25.7 percent year-on-year in February, the fourth straight monthly decline, according to China’s General Administration of Customs. Total foreign trade was US$124.95 billion in February, down 24.9per cent year-on-year.

Total Chinese exports in February amounted to US$64.9 billion, reflecting weak demand for Chinese goods in the US and Europe. The country’s imports also slumped 24.1 per cent to $60.05 billion.

China’s trade surplus narrowed to US$4.84 billion, less than one-seventh of the figure for January.