China’s exports slumped in March, dealing a blow to hopes that booming gross sales in a foreign country will offset susceptible call for at house and pressure expansion on the earth’s second-largest economic system. Exports shrank 7.5% in buck phrases in March from a 12 months previous, whilst imports fell 1.9%, the customs management mentioned Friday. Each numbers got here in neatly under economist forecasts. The industry surplus for the month used to be virtually $59 billion.
