Ni Yuefeng, head of the General Administration of Customs, receives after the opening meeting of the second session of the 13th National People's Congress at the Great Hall of the People in Beijing. Photo: Xinhua

China spreading ‘positive news’ of strong export rebound in early March after February plunge

  • Exports in the first nine days of March surged 39.9 per cent after February showed the largest drop in three years, led by a large fall in trade with the United States
  • China Customs chief Ni Yuefeng expects import-export growth to continue after February’s Lunar New Year holiday
Topic |   China economy

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Ni Yuefeng, head of the General Administration of Customs, receives after the opening meeting of the second session of the 13th National People's Congress at the Great Hall of the People in Beijing. Photo: Xinhua
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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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