It seems increasingly clear that the global economic slowdown is weighing on China\u2019s exportsIris Pang<\/span><\/h2>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\u201cIt seems increasingly clear that the global economic slowdown is weighing on China\u2019s exports,\u201d said Iris Pang, chief economist for Greater China at ING.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n\n\n\n\n\n\u201cFalling imports \u2013 an input for future exports \u2013 suggest that a further deterioration of exports in the coming months is highly likely.<\/p>\n<\/div>\n
\n\u201cIt is looking more likely that, in response, the government will step in to support the manufacturing sector\u2019s labour market through fiscal stimulus.\u201d<\/p>\n<\/div>\n
\nThe weak trade data is consistent with April\u2019s official manufacturing purchasing managers\u2019 index, which\u00a0fell to 49.2<\/span><\/a><\/span>\u00a0having remained above the 50-point mark separating expansion and contraction for the first three months of the year.<\/p>\n<\/div>\n\n\n\n
\u201cIt seems increasingly clear that the global economic slowdown is weighing on China\u2019s exports,\u201d said Iris Pang, chief economist for Greater China at ING.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\u201cFalling imports \u2013 an input for future exports \u2013 suggest that a further deterioration of exports in the coming months is highly likely.<\/p>\n<\/div>\n
\u201cIt is looking more likely that, in response, the government will step in to support the manufacturing sector\u2019s labour market through fiscal stimulus.\u201d<\/p>\n<\/div>\n
The weak trade data is consistent with April\u2019s official manufacturing purchasing managers\u2019 index, which\u00a0fell to 49.2<\/span><\/a><\/span>\u00a0having remained above the 50-point mark separating expansion and contraction for the first three months of the year.<\/p>\n<\/div>\n