ESCAP estimated that China’s annual exports fell by 1.4 per cent in value terms this year, Hong Kong’s by 4.8 per cent and Singapore’s by 14.9 per cent. All three economies are highly-connected. Photo: AFP

Trade war lands Asian exports in worst condition since the global financial crisis

  • UN report shows that Asian exports declined this year for the first time in a decade, sparked largely by the knock on effect of US-China tariffs
  • China’s annual exports fell by 1.4 per cent in value terms this year, Hong Kong’s by 4.8 per cent and Singapore’s by 14.9 per cent
Topic |   US-China trade war: All stories

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ESCAP estimated that China’s annual exports fell by 1.4 per cent in value terms this year, Hong Kong’s by 4.8 per cent and Singapore’s by 14.9 per cent. All three economies are highly-connected. Photo: AFP
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Sidney Leng

Sidney Leng

Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China's macroeconomic policies and financial regulations since 2016.