Global Trade, Demand Continues To Dry Up As China’s Exports Miss For Fourth Straight Month
by Tyler Durden
ZeroHedge.com
11/08/2015
China’s exports fell for the fourth consecutive month in October as evidence of collapsing global demand and trade continues to pile up. “A lot of Westerners think this helped us out a lot. But the 2% depreciation actually hurt us. It was in every newspaper and customers called us within hours pushing for 6% discount, so we had to give them 4%.”
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