Friday, April 19, 2019

Country has $32bn surplus in March but trade war with US is serving as brake on growth

Fears about the strength of the global economy have been sparked by a fall in Chinese imports last month, as the trade war between Washington and Beijing puts a brake on growth.

Imports to China fell by 7.6% in March compared with a year earlier, according to official figures, worse than City economists’ forecasts for the volume of goods bought from abroad to grow by 0.2%.

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from US news | The Guardian http://bit.ly/2GiVcCo

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