BEIJING — China's global trade balance swung to a rare deficit in March as exports shrank but its surplus with the United States, the center of a worsening dispute with Washington, stood at $15.4 billion.
Exports contracted 2.7 percent from a year earlier to $174.1 billion, down from the 24.4 percent growth for the first two months of 2018, customs data showed Friday. Imports rose 14.4 percent to $179.1 billion, though that was down from 21.7 percent growth in January and February.
"The upshot is that the latest trade data suggest that both domestic and foreign demand held up well in March," said Julian Evans-Pritchard of Capital Economics in a report.
The trade surplus with the United States contracted 13 percent from a year earlier, while China's global trade balance swung to a $5 billion deficit.
President Donald Trump has approved a possible tariff hike on $50 billion of Chinese goods in response to complaints Beijing s
ls or pressures foreign companies to hand over technology. Trump is demanding Beijing take steps to narrow its trade deficit with the U.S., which Washington says stood at a record $375.2 billion last year.
Continue reading the main story
https://www.nytimes.com/aponline/2018/04/12/world/asia/ap-as-china-trade.html
Кто знает что здесь написано, и почему это пипец как важно???
Exports contracted 2.7 percent from a year earlier to $174.1 billion, down from the 24.4 percent growth for the first two months of 2018, customs data showed Friday. Imports rose 14.4 percent to $179.1 billion, though that was down from 21.7 percent growth in January and February.
"The upshot is that the latest trade data suggest that both domestic and foreign demand held up well in March," said Julian Evans-Pritchard of Capital Economics in a report.
The trade surplus with the United States contracted 13 percent from a year earlier, while China's global trade balance swung to a $5 billion deficit.
President Donald Trump has approved a possible tariff hike on $50 billion of Chinese goods in response to complaints Beijing s
ls or pressures foreign companies to hand over technology. Trump is demanding Beijing take steps to narrow its trade deficit with the U.S., which Washington says stood at a record $375.2 billion last year.Continue reading the main story
https://www.nytimes.com/aponline/2018/04/12/world/asia/ap-as-china-trade.html
Кто знает что здесь написано, и почему это пипец как важно???
