China’s equity markets are adjusting to the impact of rising oil prices, as the latest March trade data offers an early indication of how the shock is feeding through the economy, according to eToro’s latest market commentary. China’s export growth slowed to 2.5% in March, while imports surged nearly 28% – the fastest pace since 2021 – driven by a sharp increase in purchases of oil and other commodities. This pattern suggests a degree of frontloading in energy and commodity imports amid ongoing supply uncertainty, a trend observed during previous ...