Tariff Hopes No Use as China’s Business Trade Confidence Slumps to 10-Year Low — Panjiva
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Tariff Hopes No Use as China’s Business Trade Confidence Slumps to 10-Year Low

Business Sentiment 140 China 1760

Chinese business confidence regarding trade collapsed in February with both import and export measures at their lowest since Feb. 2009. That flies in the face of apparently improving U.S.-China trade relations and suggests underlying weakness in the economy. The export reading fell to 45.2% from 46.9% a month earlier – a figure under 50% indicates an expected decline. A surge in exports in January will likely reverse due to the timing of the lunar new year. The drop in the import reading to 44.8% from 47.1% suggests exports from suppliers across the region to China – which have alr...

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