China's exports in March of this year decreased by 15%

Almaty. April 13. Silkroadnews - China's export in March decreased by 15%, while imports fell at the fastest pace since the global financial crisis, reports Reuters.
"The collapse of exports - the most serious for about the last year - can enhance the concerns about the negative impact of the growth of yuan on the demand for Chinese goods and services abroad, analysts say. Economists had expected export growth of 12%",- says the publication.
Imports fell by 12.7% in a year account, indicating that domestic demand is also suppressed. This is the largest decline in exports since May 2009, the report says.
"This is a very poor indicator, far below expectations. This indicates the alarm condition of state for global demand and competitiveness of China",- quoted an analyst from RBS, referring to the export data.
Chinese Vice Premier Wang Yang said earlier in April that the authorities should take steps to limit the drop in exports. He said that local governments should provide "political support" for exports and encourage private investment in the sector.
China's trade surplus in March was $3.1 billion, while analysts expected it of $45.4 billion.