China's Exports Dip, But Diversification & Trade Agreement Boost Hopes

Chinas global exports dip in October, marking weakest performance since February, with a 1.1% decline compared to last year. US exports drop by 25%, marking 7th consecutive month of double-digit decreases. China diversifies export markets to Southeast Asia and Africa. Economists anticipate export growth rebound next year due to US-China trade agreement, with more significant impact expected in Q1 and Q2.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.