Export Plummet Shock: A Guangdong Tiger Under Water
Dongguan, the factory floor of "Made in China" and a leading city of Guangdong Province's Pearl River Delta, China's massive export engine, is being hit hard by plummeting exports. For the first time in its history, growth has registered in the negative numbers.
China's Trade Rebound Hailed as Stimulus Policy Takes Effect
China's imports and exports are seeing some light after slogging through a dark tunnel. Although total imports and exports are both still declining year on year, the decline has slowed. More importantly, March imports and exports saw a steep month-on-month growth, which China Customs hailed as a "considerable sign of rebound." China's trade surplus also continues its rapid growth.
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