China Customs: China Q1 trade growth is low on global demand uncertainty

Following the release of the Chinese March trade balance report, the China Customs Authority is out on the wires now, noting that China Q1 trade growth is low on global demand uncertainty.

Further Comments:

Trade prices saw a subdued rise, driving value growth.

Foreign trade was steady in Q1.

Foreign trade faces complex external environment and many uncertainties.

Stable Yuan exchange rate favorable for foreign trade in Q1.