China’s export growth slowed sharply in March while imports surged, as seasonal factors added to the fallout of the war in IranBloomberg Terminal on global energy supply.
Exports rose just 2.5% from a year earlier, according to a statement released by the General Administration of Customs on Tuesday, falling well short of forecasts after a gain of almost 40% in February. Seasonal distortions linked to the timing of the Lunar New Year, along with the statistical effect of a high base last year, likely exaggerated the slowdown.
