China’s March imports were down 0.1 per cent year on year to US$228.7 billion, the first decline since August 2020. Photo: Bloomberg
China’s March imports were down 0.1 per cent year on year to US$228.7 billion, the first decline since August 2020. Photo: Bloomberg
China trade

China trade: unexpected fall in imports amid coronavirus, Ukraine war raises alarm for export machine

  • Strict coronavirus control measures like lockdowns have rippled through port operations and weighed on domestic demand
  • The impact on trade will ‘show up with a lag’ and the country’s export outlook will dim over coming quarters, analysts say

China’s March imports were down 0.1 per cent year on year to US$228.7 billion, the first decline since August 2020. Photo: Bloomberg
China’s March imports were down 0.1 per cent year on year to US$228.7 billion, the first decline since August 2020. Photo: Bloomberg
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