China February Exports Fall 25.4%

China February Exports Fall 25.4%

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Business

University

Hard

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The video discusses significant changes in export and import figures, highlighting a 25.4% year-over-year decline in exports for February, which is much larger than the expected 14.5% drop. Imports also fell by 13.8%, slightly worse than the anticipated 12%. These changes have narrowed the trade surplus from a record $63.3 billion in January to $32.59 billion in February. The video provides a detailed analysis of these figures, considering both dollar and yuan terms, and recaps the overall impact on the trade balance.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage drop in exports in February year over year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the expected drop in exports according to economists surveyed by Bloomberg?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage decrease in imports year over year in February?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the trade gap in January?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did the trade surplus narrow from January to February?

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