According to data from Trade and Transport Group, exports of Chinese low-value goods declined 9% overall in December.
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Low-value Chinese exports to North America continued to drop last month, according to air freight data, but to Europe, the picture is more complex
According to data from Trade and Transport Group, exports of Chinese low-value goods declined 9% overall in December.
COVID-19 will likely affect trade more profoundly than any other recent crisis. The extent of the disruption will vary by commodity, trade lane, and mode of transport, and it will be steered by local differences in the crisis’s severity