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Trade Development News
- May 11, 2020
- 1 min
A Shift in Trade as Consumer Spending Declines, China April 2020 Trade Data Shows
As the first country to suffer the impact of the coronavirus, China is leading the way in restarting its economy, and its performance offers some clues to what the U.S. and EU can expect for the rest of the year. To some, China’s performance is a sign of resilience. Markets on Thursday rose to the announcement by China’s General Administration of Customs that exports in April had increased 3.5% compared to the same month a year ago. However, the longer-term outlook is likely
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