AI Data Insight
China's import and export value YoY growth rate for the first quarter of 2026 plummeted to -64.4999%, representing a cliff-like collapse compared to 3.4883% in the fourth quarter of 2025. Although January and February initially showed robust growth driven by AI and electromechanical demand, the sudden outbreak of war in the Middle East caused trade chains to freeze rapidly at the end of the quarter, completely subverting the market's optimistic consensus for a "strong start" in foreign trade.