China’s exports fell and imports slid more than forecast in January, the first declines in two years, as a weeklong holiday disrupted trade and commodity prices dropped.
Economists differed over whether the data are evidence of a slowdown in demand within China or result mainly from seasonal distortions. Domestic demand was genuinely weak in January, while exports remained on a gradual downward trend.
Economists differed over whether the data are evidence of a slowdown in demand within China or result mainly from seasonal distortions. Domestic demand was genuinely weak in January, while exports remained on a gradual downward trend.
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