Name: China Exports Unexpectedly Fell In October 2022
Uploaded: 2022-11-07T20:19:33.882
Duration: 8 min 55 s

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"Before the weekend there were rumors that China was giving up its Covid policy. Asian and European stocks are both higher today. I see the weakness in the Chinese economy with the decline of imports. The decline of exports has to do with foreign demand. Taiwanese exports fell and South Korean exports are likely to fall as well. This is reflecting the slower global demand. There are low inventories with oil," says Marc Chandler.