CHINA's export growth has slowed since the start of the year, indicating a stable global demand, reports Caixin.
Exports rose 16.3 per cent in dollar terms in the January-February period year-on-year, beating the 14 per cent median estimate in a Bloomberg survey of economists. Exports had increased 20.9 per cent in December.
Imports increased 15.5 per cent on year during the period, below a 17 per cent gain predicted by economists. The trade surplus came in at US$116 billion.
China's economic activity is typically volatile in the first two months of the year due to the week-long Chinese New Year holiday. Covid outbreaks in some parts of the country also caused temporary business suspensions, although the commerce ministry has said the impact was manageable overall.
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