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China's export growth slows while still beating estimates
来源：shippingazette 编辑：编辑部 发布：2022/03/15 10:09:33
CHINA's export growth has slowed since the start of the year, indicating a stable global demand, reports Caixin.
Exports rose 16.3 per cent in dollar terms in the January-February period year-on-year, beating the 14 per cent median estimate in a Bloomberg survey of economists. Exports had increased 20.9 per cent in December.
Imports increased 15.5 per cent on year during the period, below a 17 per cent gain predicted by economists. The trade surplus came in at US$116 billion.
China's economic activity is typically volatile in the first two months of the year due to the week-long Chinese New Year holiday. Covid outbreaks in some parts of the country also caused temporary business suspensions, although the commerce ministry has said the impact was manageable overall.
Exports rose 16.3 per cent in dollar terms in the January-February period year-on-year, beating the 14 per cent median estimate in a Bloomberg survey of economists. Exports had increased 20.9 per cent in December.
Imports increased 15.5 per cent on year during the period, below a 17 per cent gain predicted by economists. The trade surplus came in at US$116 billion.
China's economic activity is typically volatile in the first two months of the year due to the week-long Chinese New Year holiday. Covid outbreaks in some parts of the country also caused temporary business suspensions, although the commerce ministry has said the impact was manageable overall.