The impact on Chinese trade is evident from the latest numbers. China’s GDP growth is already expected to have touched the lowest level since 1990. While imports fell 4% for Jan-Feb, the exports were down by a whopping 17.2% on a YOY basis. This has created tremendous pressure on global supply chains. Even India has been hit in sectors like electronics, pharmaceuticals and auto; which are heavily dependent on China. India’s crucial Feb trade data is expected during the week. India’s trade number are also expected to have fallen although the imports data are likely to have fallen much sharper than the exports data.