Free Trial

China's exports and imports are both.....>

CHINA DATA
MNI (London)
CHINA DATA: China's exports and imports are both seen falling in the
January-February period, as the coronavirus outbreak slowed spending over the
month and the cut working days in the Lunar New Year Holiday period. The
epidemic has postponed the restart dates of manufacturers which will cause a
supply delay, hitting exports. Meanwhile, the cut down of the freight flights
and cargo will push up the costs.
-Interrupted by the Spring Festival holiday, there were only 17 working days in
January, less than an average 21 days per month. 
-With the virus spreading quickly across Europe and east Asia, it has clouded
China trade further and external demands for goods and services will be dampened
as people quarantined at home reduce spending on apparel and entertainment.    
-China's Customs Administration is due to release combined January-February
trade statistics on March 7.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.