Comments from a customs spokesman in China on the trade data

  • Weak external demand one of the main reasons for weak exports in 2015

(the data is here)

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There should be more to come. The China customs comments tend to drag on for a good while after trade data has come out.

It took a while ... more:

  • Yuan depreciation will stimulate exports and dampen imports
  • Impact of yuan depreciation on exports will weaken over time