Impact Yet To Be Felt As China’s Growth Set To Slow To Lowest Rate In 30 Years: MoodysMichelle Jones
Asian markets are reeling today after disappointing trade data out of China overnight. Chinese exports fell 4.4% year over year, while imports were down 7.6%. According to Bloomberg, consensus had been looking for a 2% increase in exports and a 4.5% increase in imports.
China impacted by trade war
Analysts across the board were surprised by the weak numbers from China as it seems the trade war with the U.S . . .
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