INSUBCONTINENT EXCLUSIVE:
The fall of exports in December is biggest since December 2016.China's exports fell to a whopping $221.25 billion in December registering
biggest plunge in two years amid ongoing trade war with US, highlighting continued slowdown of world's second largest economy
Both exports and imports fared worse than expected in December, according to figures released Monday by General Administration of Customs
The figures suggest negative impact of trade war may be greater than Chinese authorities previously estimated, and point to need for a more
$221.25 billion in December, down 1.4 per cent from November, and 4.4 per cent from same month in 2017
fall of exports in December which is biggest since December 2016, when China grew at its slowest pace since 1990 was first indication that
deadline set by US President Donald Trump, who is demanding that China should come up with credible initiatives to reduce $375 billion trade
The December data overshadowed China's overseas trade registering a historic high of $4.5 trillion last year
external environment last year, and foreign trade maintained stable and positive growth, reaching a historic high in import and export
last year but at same imports grew 12.9 per cent to 14.09 trillion yuan, resulting in a trade surplus of 2.33 trillion yuan, which narrowed
ASEAN countries increased 7.9 per cent, 5.7 per cent and 11.2 per cent, respectively, with their combined trade volume accounting for 41.2
per cent of China's total foreign trade.Trade with countries along Belt and Road registered faster-than-average growth, with trade volume
trade growth in 2018, a bright spot of China's foreign trade development," he said.
