Posted on April 19, 2022

China has experienced its first monthly fall of imports in one and a half years. The government may fear that hardline zero-Covid strategy could threaten the country’s massive export machine and impede economic growth.

March imports were down 0.1 per cent year on year to US$228.7 billion, the first decline since August 2020, customs data showed.

Chinese exports rose 14.7 per cent from a year earlier to US$276 billion last month, slowing from 16.3 per cent in the first two months.

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