Monday, April 14, 2014
Chinese trade down in March
China's March exports unexpectedly decreased, while imports fell even more.
The impact of the data on the Chinese economy is clouded by uncertainty over how many exporters and importers were timing shipments to gain from market shifts in the currency.
China's exports fell 6.6 percent in March 2014 year-over-year, as imports dropped 11.3 percent, according to China's General Administration of Customs. Economists had predicted both to yield small increases.
For more of the New York Times story: nytimes.com
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