China s unexpectedly poor export
performance as revealed on Tuesday is still largely down to
wider economic headwinds. But underlying trade and investment
trends point to an unmistakable long-term.
Analysis-No decoupling, but West and China drift apart By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
China's unexpectedly poor export performance as revealed on Tuesday is still largely down to wider economic headwinds. Official data showed a 14.5% drop in July exports amid weak consumer demand in the world markets served by China - the fastest decline since the pandemic hit in 2020. For now, such cyclical factors outweigh any impact of calls by Western governments for companies to "de-risk" supply chains as a new era of distrust prompts the United States and Europe to cut trade reliance in strategic sectors with China.
By Mark John (Reuters) - China's unexpectedly poor export performance as revealed on Tuesday is still largely down to wider economic headwinds. But un.