China'S Exports Declined Sharply In February, And The Trade Deficit Appeared.

< p > China's February a href= "//www.sjfzxm.com/news/index_f.asp" > exports < /a > fell sharply, resulting in a rare trade deficit of $22 billion 980 million that month.

This raises new concerns about the health of the world's second largest economies.

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< p > but analysts warned that the impact of the timing of the spring festival may be a cause of the decline in China's exports in February. It remains to be seen whether global demand for Chinese goods will remain weak in the coming months.

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In February, China's exports fell by 18.1% over the same period last year, which is much worse than economists had expected to grow by 5% over the past year. P

Exports grew by 10.6% in January, and since February last year, China's exports declined for the first time.

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Import P increased by 10.1% compared to February, showing a relatively strong performance.

Imports increased by 10% in January.

China's last trade deficit was in March last year, with a smaller trade deficit that month.

The trade deficit in February was the largest deficit since February 2012, and the trade deficit of that month was 31 billion 500 million dollars.

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Polk, an economist at the P Conference Board Andrew, said he expected China's exports to be weak in February because manufacturers made advance shipment before the Spring Festival holiday.

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< p > China's < a href= "//www.sjfzxm.com" > manufacturer > /a > usually speed up delivery before the Spring Festival holiday, because migrant workers will return home for the Spring Festival, and production will be suspended.

But if exports continue to slump in the next few months, it will have a serious impact on the Chinese government's goal of achieving economic growth of about 7.5% this year.

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Recently, exports have been one of the highlights of China's overall economic growth. < p >

The Chinese government is striving to promote economic restructuring, reduce economic dependence on investment, and increase consumption to stimulate the economy so as to maintain medium and long-term economic growth.

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< p > structural adjustment may inhibit economic growth to a certain extent in the short term.

If economic growth slows down, it may threaten the target of increasing 10 million urban jobs this year and keeping the urban unemployment rate below 4.6%.

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Export statistics showed that exports were almost completely sluggish in February P.

In the same month, China's exports to the a href= "//www.sjfzxm.com/news/index_p.asp" > US < /a > dropped by 11%, exports to the EU dropped by 14%, and exports to Hongkong dropped by 25%.

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