Trend break: Unexpected setback for China's exports

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Trend break: Unexpected setback for China's exports
Photo: Chinatopix/AP/TT

Exports to the US plummeted by just over 25 percent, while exports to the rest of the world rose 3.1 percent.

A sustained decline in China's exports could make it difficult to reach the country's official growth targets - something that is already being made more difficult by a protracted real estate crisis and weak domestic demand, according to Yingke Zhou, an economist at major bank Barclays.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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