China's exports likely contracted in February after a surprise bounce in January, while imports fell for a third straight month, a Reuters poll ...
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.
Stronger-than-expected imports could prompt some China watchers to say the economy is showing signs of bottoming out in response to a string of stimulus measures in 2018. Even if concrete steps such as dismantling tariffs are agreed, it would not be a panacea for all of China's economic woes. Its exporters would have to piece supply chains back together, win back market share and contend with slowing demand globally.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.
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