Import growth was surprisingly strong last month. This probably reflects a continued recovery in industrial activity following the easing of winter pollution controls and is unlikely to be sustained. Meanwhile, with global growth now past its peak, Chinese export growth is trending down. But progress in US-China trade negotiations raises hopes that a sharp downturn in shipments can be avoided.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services