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China exports slump more than a quarter in February: Customs
Thursday, March 10, 2016 14:07
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Chinese firms have been battered by weak demand from major markets as the global economy stutters.
China is the world's biggest trader in goods but the results marked the eighth straight month of declining exports, and came after they fell 11.2 percent year-on-year in January in dollar terms.
China's leaders are meeting this week for the annual rubber-stamp National People's Congress, where premier Li Keqiang set a growth target of 6.5-7.0 percent for this year.
Authorities have pledged further fiscal and monetary support to boost the flagging economy …. http://news.yahoo.com
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