InternationalNewsAPI
China’s Export Growth Slowed Sharply in First Month of Iran War - Bloomberg.com
Overview
China’s export growth slowed sharply in March while imports surged, a shift linked to seasonal factors and fallout from the Iran war on energy and trade flows. Yet overall Q1 GDP rebounded more than expected, suggesting those trade disruptions have not yet derailed broader growth. The IMF’s finding that the conflict is already weighing on global growth and inflation still points to downside risk for China’s external sector and global goods flows.
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