China's Trade Data Points To Weak Start To 2025
2025-03-07 06:30:00 ET
Summary
- China’s economy got off to a weak start in 2025 as exports grew just 2.3% in the first two months of the year.
- Semiconductor exports led the way with 11.9% YoY year-to-date growth, while automatic data processing equipment saw a strong 10.5% reading.
- A sharp slump in imports, meanwhile, resulted in a bigger-than-expected trade surplus.
By Lynn Song
Exports have slow start to the year
Exports grew just 2.3% year-on-year in the first two months of 2025 to USD 539.9bn. Though well below market forecasts for a 5.9% YoY increase, it was a bit stronger than our more cautious forecasts....
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