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China’s export slump persists but softens; imports shrink further as CPI stalls

China’s export slump persists but softens; imports shrink further as CPI stalls
China’s trade figures for September revealed a continued, albeit moderating, decline in exports, marking the fifth consecutive month of contraction. Exports dropped by -6.2% yoy to USD 229.1B, an improvement from the -8.8% yoydecline recorded in the previous month. Despite this easing contraction, prolonged declines in shipments to major trade partners underscore the persisting challenges […] The post China’s export slump persists but softens; imports shrink further as CPI stalls appeared first... Read More
Posted: Oct 13 2023, 05:06
Author Name: actionforex
Views: 091946

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