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China: Import strength offsets export cooling – UOB

China: Import strength offsets export cooling – UOB

UOB’s Ho Woei Chen highlights that China’s March data showed a sharp divergence between exports and imports, narrowing the trade surplus to a 13‐month low. The report stresses that seasonal factors and last year’s high base weighed on exports, while higher energy and raw material prices boosted imports. UOB notes resilient technology exports and expects [...]

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