China Jan-Feb trade likely contracted again as global economy slowed - Reuters poll

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BEIJING : China likely again exported and imported less in January-February than a year earlier, backing policymakers' fears that a slowing global economy could drag on growth at home, a Reuters poll showed on Monday.Data for the period January-February are expected to show a 9.4 per cent fall in exports

BEIJING : China likely again exported and imported less in January-February than a year earlier, backing policymakers' fears that a slowing global economy could drag on growth at home, a Reuters poll showed on Monday.

China has set a target for economic growth this year of around 5 per cent, after the economy, the world's second largest, grew at one of its slowest rates in decades in 2022. Gross domestic product was up only 3 per cent on 2021. For many statistics, China reports combined data for January and February, because the lunar new year holiday moves between the two months.

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