Hong Kong reported that exports dropped by 21.1% the month of March. And that is on the heels of a 23% drop in February. What happens in Hong Kong is important because it is a trade hub for southern China.
China continue to be a have and have-not economy — anybody in the export food chain is getting clobbered while the participants in the domestic economy are doing very well.
Related Posts
- Japanese exports fall (07/24/08)
- Singapore exports fall 19.2% (05/18/09)
- Korean exports fall by 8.6% in January (02/01/10)
- China exports still falling (07/13/09)
- India exports drop again (02/04/09)
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