December 8, 2022
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11:54:59Now PlayingChina trade plunges to lowest in post-pandemic era. Import falls 10.6 percent in November while export drops to 8.7 percent. This comes amid the ongoing protest in China over govt's zero-COVID policy. China's strategic lockdowns and border closures are the main reasons for the trade decline. Multiple lockdowns closed factories, shut roads and stopped companies from putting goods on ships. Trade has been a strong pillar of the Chinese economy in the last 30 years. A decline in trade can badly affect the China's economy. However, XI's govt announced a new set of COVID lockdown rules easing some curbs. Watch the video for more.
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#China #Chinatrade #Chinalockdown #Chinatradefalls
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