SHANGHAI -- China's exports last year contracted for the first time since 2016 in dollar terms, underscoring sluggish global demand amid tight financial conditions and an unstable domestic economic recovery.
Trade
China's annual exports drop for first time in seven years
Shipments declined 4.6% in 2023 amid sluggish global demand
A terminal at the port of Yantai, Shandong province, on Jan. 10. China in 2023 exported 4.91 million vehicles. © Reuters
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