China export slowdown eases

Data shows exports continuing to fall, but at slower pace than in February.

    China's export manufacturing industry has been hit hard by the global downturn [GALLO/GETTY]

    China's export manufacturing industry has been reeling from the impact of the global downturn, with thousands of factories halting production raising fears of widespread unemployment and social unrest.

    The Chinese government has pledged a stimulus package of more than $500bn aimed at encouraging domestic spending to fill some of the gap left by plunging export demand.

    Last month China's premier, Hu Jintao, said the government was ready to step in with more money if it was needed to prop up the economy.

    Dairy firms seek aid

    In other economic news, China's beleaguered dairy sector is appealing for financial aid from the government.

    The industry suffered from plunging demand at home and abroad following last year's tainted milk scandal, which killed at least six babies and left tens of thousands others ill.

    Dairy companies report having more than 250,000 tonnes of unsold milk powder, despite lowering prices.

    SOURCE: Agencies


    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    Heron Gate mass eviction: 'We never expected this in Canada'

    Hundreds face mass eviction in Canada's capital

    About 150 homes in one of Ottawa's most diverse and affordable communities are expected to be torn down in coming months

    I remember the day … I designed the Nigerian flag

    I remember the day … I designed the Nigerian flag

    In 1959, a year before Nigeria's independence, a 23-year-old student helped colour the country's identity.