China’s Exports to Cuba Slump as Island’s Cash Crunch Deepens 1 234 567

China’s Exports to Cuba Slump as Island’s Cash Crunch Deepens

voanews.com

Chinese exports to Cuba have plunged this year in the latest sign of a worsening in the Communist-run island's financial situation, which began in 2015 with the economic crisis in its top trading partner Venezuela.Chinese exports to Cuba slumped 29.8 percent to $1 billion from January through October compared with the same period last year, according to Chinese customs.Chinese exports peaked at a record $1.9 billion in 2015, nearly 60 percent above the annual average of the...

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