On Wednesday, it was announced that the United States’ trade deficit for 2018 had widened to its highest point for a decade. Photo: Reuters

US-China trade decline leads to 20.7 per cent plunge in China’s total exports in February

  • China imported 19.9 per cent less from the United States last month and exported 14.1 per cent fewer US goods, suggesting that the US-China trade war is biting
  • Front-loading to avoid anticipated tariff rises and Lunar New Year holiday possible factors as exports post largest percentage drop since February 2016
Topic |   China economy

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On Wednesday, it was announced that the United States’ trade deficit for 2018 had widened to its highest point for a decade. Photo: Reuters
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The Organisation for Economic Cooperation and Development has forecast China’s economy will grow about 3.5 per cent in 2029. Photo: AP

China growth to slow to 2 per cent over next decade as structural issues take hold, research firm says

  • Domestic structural issues are a bigger factor in the slowdown than US-China trade war, according to Capital Economics
  • Economists expect the current cyclical slowdown to bottom out in mid-2019, but rebound could be small
Topic |   China economy

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The Organisation for Economic Cooperation and Development has forecast China’s economy will grow about 3.5 per cent in 2029. Photo: AP
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