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China's export growth slowed sharply in March as rising energy and transport costs from the Middle East conflict weakened global demand, narrowing its trade surplus and clouding its growth outlook.
Transcript
00:00China's export growth slows in March as the Middle East conflict disrupts energy supplies and transport costs,
00:08weakening global demand and adding pressure to its external trade performance.
00:13Exports increased by just 2.5% in March, marking a five-month low and falling sharply from 21.8
00:21% surge in January and February.
00:25The slowdown exposed risk in Beijing's reliance on manufacturing to sustain economic growth,
00:31particularly during periods of heightened global uncertainty.
00:35Economists had expected export growth of 8.3%,
00:38while analysts said demand from major markets had weakened broadly due to uncertainty linked to the Iran conflict.
00:46China had entered 2026 with strong momentum,
00:49supported by high demand for artificial intelligence-related electronics,
00:53and other advanced technology products.
00:56That surge had raised expectations that China could surpass the previous year's record trade surplus of US$1.2 trillion
01:04before the recent slowdown emerged.
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