China’s exports and imports in December declined at the worst rates in two years, adding to evidence of a rapid slowdown in the economy amid the trade war with the US and weakening global activity. Exports dropped 4.4 percent year-on-year in December, figures from the General Administration of Customs showed on Monday. That was in contrast to the 3 percent gain economists had predicted.
Read Full Story
Latest posts by Top News Editor (see all)
- Dollar Fairly Steady Against Peers Despite Weak Economic Data - February 21, 2019
- U.S. Leading Economic Index Unexpectedly Dips 0.1% In January - February 21, 2019
- U.S. Existing Home Sales Unexpectedly Tumble To Three-Year Low In January - February 21, 2019