Loading ...Wall Street Reacts To China’s Shocking Trade Data
Tyler Durden’s pictureSubmitted by Tyler Durden on 04/13/2015 07:55 -0400
Everyone was shocked by yesterday’s Chinese March trade update which showed that while imports slid largely as expected, it was the 15% drop in exports, the largest in over a year, that prompted many to wonder just how big the global trade slump really is, masked by what has now become pervasive, global QE. This was the worst performance, exports and imports combined, since late 2009.
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