China posts miserable export print to start the year
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China’s trade performance in the first two months of 2025 was disastrous.
According to customs bureau (GAC) data released on Friday:
Exports increased by 2.3% y/y in the first two months of the year, a steep decline from the 10.7% growth posted in December.
Imports fell a staggering 8.4% y/y, rever...