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Stock impact report

China's March exports slow as Iran war wipes out AI-driven gains 1 / 2 [Yahoo! Finance Canada]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
https://www.reuters.com/world/iran/ in the Middle East, which has sparked an ?energy shock and complicated Beijing's push to keep growth on track. Outbound shipments from the world's second-largest ?economy grew an annual 2.5%, customs data showed on Tuesday, a five-month low, and slowing from a 21.8% gain in the January-February period. ?They sharply undershot forecasts for 8.3% growth in a Reuters poll. Imports rose 27.8%, the best performance since November 2021, compared with a 19.8% increase over January and February and forecasts for 11.2% growth. March marks the first real test of whether enthusiasm for artificial intelligence - and the chips and servers it demands -could offset gloom unleashed by the global energy shock ?after Iran's closure of the Strait of ?Hormuz, the strategic waterway for the world's 20% of oil and gas flows. China roared into 2026 with outbound shipments far outstripping forecasts, powered by tech exports, raising the prospect ?it could smash las Show less Read more
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