Declining China's Exports - Affecting World Countries?
Last May, China's exports fell by around 7.5%, causing shock among various countries globally.
China is the only country in the world that imports less and exports more.
The current slowdown in exports has caused fear among various exporting countries in the world.
They are saying that this situation has happened to China due to the global economic slowdown.
But this is not the first time that exports to China have fallen.
In January this year, they experienced a drop in exports.
China's exports took a huge plunge during the pandemic.
The reason for this fall is the export ban imposed by the US on China.
Everyone has these ups and downs in business.
This decline in China's exports is seen as an opportunity for India.
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