China’s Net Exports Contribution to Growth Plunged by -7.3% in Late 2019

China’s Net Exports Contribution to Growth Plunged by -7.3% in Late 2019
Container ships are positioned under cranes at the Port of Oakland in Oakland, Calif., on Aug. 16, 2010. Justin Sullivan/Getty Images
Chriss Street
Updated:
News Analysis

China signed a U.S. Phase 1 trade truce just as data was about to demonstrate that its net exports contribution to domestic economic growth plunged by -7.3 percent in the fourth quarter of 2019.