Source: China – South China Morning PostChina’s export growth softened in March as disruptions in the Strait of Hormuz drove up transport costs and energy prices, a trend which also led imports to rise considerably.
Exports rose 2.5 per cent year on year to US$321.03 billion in March, according to data released by China’s General Administration of Customs on Tuesday.
The reading fell short of the 4 per cent growth forecast by economists polled by the financial data provider Wind.
Imports grew by 27.8 per cent to US$269.9 billion over…Read More