China’s March Trade Flows Diverge: Exports Slow, Imports Surge

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Source: CNBC
China’s March Trade Flows Diverge: Exports Slow, Imports Surge
Photo: CNBC
TL;DR

China’s exports rose 2.5% year-on-year in March, missing estimates, while imports jumped 27.8%—the strongest growth since November 2021—pushing the overall trade surplus down about 3%; analysts attribute the divergence to weaker global demand amid Middle East tensions and higher energy costs, with first-quarter GDP expected around 4.8% in Reuters polls.

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