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China’s exports fell further in March amid global economic slowdown due to COVID-19
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China's exports fell further in March amid economic slowdown due to Covid-19. The total trade volume of the first quarter suffered a year-on-year decline of 6.4%. Exports fell 3.5% from February in Chinese currency terms to 1.3 trillion yuan. China's global exports fell 11.4% in Chinese currency terms to 3.3 trillion yuan. During a press briefing, spokesperson of General Administration of Customs, Li Kuiwen, said, "The demand of international markets is shrinking, which has definitely hit China's exports. Issues such as decline of overseas orders have started to appear. The difficulties with our exports can't be underestimated." Watch the full video for more.
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