China's Exports Drop in March

摘要

A report by China's Ministry of Industry and Information Technology (MIIT) reports that March exports of electronics and IT products fell 24.6% from last year to $87.2 billion.rnLaptop exports decreased 9.9% to $12.7 billion, and cell phone exports dropped 11.3% to $7.55 billion. LCD panels took the biggest hit, diving 47.6% to $3.05 billion.rnExports to Japan, the US and Hong Kong, China's three primary export destinations, were down 22.3%, 16.3% and 26.6% respectively.