Chinese Exports Fall More Than Feared in March

Exports to the five founding BRICS members, Brazil, Russia, India, China, and South Africa, totaled more than $84 billion in 2024, a dip from $85.6 billion in 2023. STR/AFP

Chinese exports plunged more than expected last month, official figures showed Friday, as the world’s second-largest economy struggles to sustain its post-pandemic recovery.

Shipments sank 7.5 percent on-year, while imports shrank 1.9%, the General Administration of Customs said.

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