The Chinese Ministry of Commerce has reported that the country’s trade improved in March, following a dramatic collapse caused by the Covid-19 pandemic in the first two months of the year. “Imports and exports have shown a certain improvement in March, according to feedback from various regions and industries,” said commerce ministry spokesman Gao Feng, adding: “But at the same time, the impact of the global epidemic on the world economy and international trade is gradually emerging.” The World Trade Organization projects global trade to plunge by up to 32 percent this year as a result of the coronavirus outbreak.
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