China’s imports continue to plummet
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China’s export growth surged in March – but the data is less than meets the eye.
Per data released by the customs bureau (GAC) on Monday, throughout March:
Exports in USD terms rose 12.4% y/y, up from 2.3% growth in January and February.
Imports fell 4.3% y/y, compared to an 8.4% decline over the p...