Drop in electronics, IT exports

IT and electronics have slowed down – 18.25% –  but that is at a slower rate then formerly. However, the state of exports in this area are very important.

The export value of Chinese electronics and IT products, which account for 37.5% of the country’s total exports, in the first nine months was $359.38 billion.

 

 

Alibaba reports that exports to China’s three primary export destinations, Hong Kong SAR, the US and Japan were down 21.67%, 14.50% and 15.34% year on year, respectively.