The resilience of Chinese exports during the COVID-19 crisis
Kerola, Eeva (24.09.2020)
Julkaisija
Bank of Finland
2020
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-202009252367Tiivistelmä
China was at the forefront of the COVID-19 crisis. As a consequence, the value of Chinese exports plummeted by 13% year-on-year at the first quarter of 2020 (-40% y-o-y in February alone). However, it was not until March when other countries started to impose more or less severe restrictions on economic activity and movement of people. The year-on-year drop in exports was historically bad both for the United States and the euro area in April and May, while Japanese export growth was at its lowest in June.
Julkaisuhuomautus
The accessible version of the article: https://www.bofbulletin.fi/en/blogs/2020/the-resilience-of-chinese-exports-during-the-covid-19-crisis/