China March Exports Shrink 15%, Badly Miss Expectations

April 13, 2015 11:52 AM

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China's export sales contracted 15 percent in March, a shock outcome that deepens concern about sputtering Chinese economic growth.

The tumble in exports - the worst in about a year - compared with expectations for a 12 percent rise and could heighten worries about how a rising yuan has hurt demand for Chinese goods and services abroad, analysts said.

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