China’s exports fell by a fifth in February, according to official data. Photo: Xinhua

A black Friday in China as exports shrink, stocks plunge and homeowners face new taxes

  • Overseas shipments down by a fifth in February, stock market loses 4 per cent and lawmakers move a step closer to taxing property owners
  • Figures challenge widely held assumption that a likely trade deal with the US and Beijing’s policy easing moves will be enough to stabilise China’s economy
Topic |   Two Sessions 2019 (Lianghui)

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China’s exports fell by a fifth in February, according to official data. Photo: Xinhua
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