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China's exports shrink unexpectedly as global slowdown jolts demand

Por: CNN Business November 07, 2022

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China’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as surging inflation and rising interest rates hammered global demand while new COVID-19 curbs at home disrupted output and consumption. The bleak October trade figures highlight the challenge for policymakers in China as exports had been one of the few bright spots for the struggling economy . Outbound shipments in October shrank 0.3%... + full article



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