China's exports just suffered their biggest decline in two years - Lebanon news - أخبار لبنان

China’s exports just suffered their biggest decline in two years

China’s exports just suffered their biggest decline in two years

Hong Kong (CNN Business)The trade war has dragged China’s huge export industry into negative territory.

The value of goods shipped from the country to the rest of the world fell by more than 4% in December, compared to the same period a year ago, Chinese government data published Monday showed.
That represents the worst monthly performance for China’s export sector in more than two years, and the first year-on-year decline since March 2018. Economists polled by Reuters had forecast that exports from China would rise slightly in December.

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