The Traderszone Network

China trade balance for February:  $ bn
– expected +$51.00bn, prior was $63.29bn
Exports:  -25.4% y/y 
– expected -14.5%, prior was -11.2%
Imports:  -13.8% y/y

China’s exports fell 25.4 percent on-year in February, the steepest on-year decline in shipments since 2009.

China trade balance for February  CNY bn
– expected 341.00bn, prior was 402.20bn
Exports for February: -20.6% y/y
– expected -11.3%, prior was -6.6%
Imports:  -8.0% y/y

Moody’s with some comments on China’s conflicting policy objectives:
China’s policy makers appear to have set themselves three main policy objectives:
– maintaining reasonably high rates of GDP growth,
The Government Work Report delivered to the National People’s Congress on 5 March made explicit reference to each of these policy objectives.

The RV specialist posted solid results thanks to a healthy industry environment.

Earlier today, we explained why so-called “helicopter money” can’t save the world when ZIRP, NIRP, and QE have all failed to revive global demand and boost inflation.

The reason: QE is helicopter money. That is, we’ve been doing this for 8 years and it hasn’t worked yet.

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EU and Turkish leaders agreed on the outlines of a new deal that would make it easier for the bloc to return migrants to Turkey but said critical details wouldn’t be nailed down until next week.
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