China’s Business Outlook for Trade Gets Better, But Is Still Bad

Business Sentiment 180 China 2719

The outlook for international trade among Chinese businesses improved in January’ CFLP survey, but still remains in firmly negative territory. The export outlook survey result of 46.9 (where below 50 indicates an expected contraction) was up from 46.6 a month earlier but follows a drop in exports in China and across Asia. Imports remained deeply negative at 47.1, but was at least better than the six-year record low from a month earlier. The temporary truce in the U.S.-China trade war, which was brokered at the start of December, is likely the reason with continued improvements dependent ...

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