Chinese Trade Slips Again
Chinese exports fell by 7.7% in 2016, figures not witnessed since the global recession in 2009. It’s the second year in a row that exports have fallen, with analysts worried that the election of President Trump, who pledged to label China a currency manipulator, will dampen Chinese trading prospects further in 2017. China’s trade surplus with the US was above $350 billion in 2015 which could bring China to the negotiating table to find common ground with the new President. Read more about China’s trade figures here.
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