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China exports, imports in deeper contraction as tariffs take toll

A truck transports a container at a port in Qingdao, Shandong province, China on July 11, 2019. [Reuters]
A truck transports a container at a port in Qingdao, Shandong province, China on July 11, 2019. [Reuters]

A slide in China’s exports picked up pace in September while imports contracted for a fifth straight month, pointing to further weakness in the economy and underlining the need for more stimulus as the Sino-US trade war drags on.

Analysts say it could take time for Chinese exports to recover amid slowing global growth despite tentative signs of a thaw in tense trade relations between the world’s top two economies.

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