China's March exports slow sharply, imports surge

China's export growth slowed dramatically in March 2026, with exports rising just 3% year-over-year—the smallest increase since October 2025. This marks a sharp deceleration from February's 40% surge. Meanwhile, Chinese imports jumped 28% year-over-year last month, reaching their highest growth rate since late 2021. The import surge was driven largely by a 50% increase in integrated circuit purchases, indicating continued investment in technology infrastructure.