China’s exports fell 15% in March compared to a year earlier, a sharp downturn after a 15% year-on-year rise in exports and 20% fall in imports for the first two months of 2015, The Financial Times reported, citing figures from the country’s customs administration. Overall, Q1 export growth slowed to 4.7% from a year earlier, and 8.6% on the previous quarter. The stumble has prompted expectations of further government stimulus. “China’s government will continue to ease domestic conditions, with a further cut in interest rates imminent,” said Tom Orlik, chief Asia economist for Bloomberg.
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