China’s exports grew 2.5% in March, slowing significantly as Iran war raises uncertainty
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China's exports grew 2.5% in March, a significant slowdown from the previous two months due to uncertainties from the Iran war. The country's customs agency reported the data, which missed analysts' estimates and was sharply down from the 21.8% export growth recorded for January and February.
China's exports grew 2.5% in March from a year ago. This is a significant slowdown from the previous two months. The March export data was released by China's customs agency. Imports surged 27.8% last month. Technology-related exports, including semiconductors, have powered China's robust exports. However, the prolonged Iran war could affect global demand for Chinese exports this year.
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