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13th Apr 2022 23:30China+, Daily Monitor

China's trade surplus enjoyed a final lift in March, as import demand collapsed, and exports rose...

...But look through the seasonal distortions, and exports were weaker than they appeared.

Beijing has promised to offset some of the pain from zero-Covid, but stimulus looks light, to us.

chinese exports commodities copper domestic demand energy exporters exports government imports korea local government manufactured goods manufacturers manufacturing March May oil pboc pmi pmis policy policymakers property market raw materials rmb russia state council stocks trade trade balance trade surplus us vat

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Keywords for: Zero-Covid Weighs on Trade, and Obliterates Domestic Demand

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