Economics
Asia's Tumbling Exports Signal Trade Pain Has Room to Run
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Key Asian exporters Singapore, Japan and South Korea provided fresh evidence this week that the slump in global trade has further to run, and is beginning to spread to factories.
South Korea’s exports tumbled by 12 percent during the first 20 days of February, data released Thursday showed. A day earlier Japan reported that exports fell 8.4 percent in January from a year earlier, the first back-to-back fall since 2016. Singapore started the week by reporting January exports fell the most in more than two years.