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China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic recovery is slowing. Customs data show exports slid to $283.5
Chinese exports to the United States fell by 12.2 percent in May, a much larger drop than expected and the first net reduction since February.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
BEIJING (AP) — China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic rebound following the end of anti-virus controls is slowing as global demand weakens under pressure from higher interest rates. Exports slid to $283.5 billion, reversing from April’s unexpectedly strong 8.5% growth, customs […]
Trade weakness adds to signs of a slowing of China's rebound following the lifting in December of anti-virus controls that disrupted travel and commerce.