Breaking News ….

May 9, 2022

China’s April exports slow, imports unchanged as virus curbs expand

  • China’s export growth slowed to single digits in April, while imports were unchanged as tighter and wider Covid-19 curbs halted factory production, disrupted supply chains and triggered a collapse in domestic demand.
  • Exports in dollar terms grew 3.9% in April from a year earlier, compared with the 14.7% growth reported in March and slightly beating analysts’ forecast of 3.2%.
  • The growth was the slowest since June 2020.

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