Still resilient: Shipping containers next to gantry cranes at the Kwai Tsing container terminals in Hong Kong. The RCEP has created a super large integrated regional market, which is expected to inject vitality into the global economy. — Bloomberg
BEIJING: China’s foreign trade grew well in the first quarter – up 10.7% year-on-year to 9.42 trillion yuan (US$1.48 trillion or RM6.45 trillion) – but factors like weakening overseas demand don’t bode well.
In fact, they already have had a downward pressure on exports, judging by the changes in trading partners and exports of major products.
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