China 

China’s exports suffer surprise fall in April amid heightened trade war tensions with United States




China’s exports surprisingly shrank in April after a short-lived recovery as fears of an escalating trade war with the United States clouds the economic outlook for the world’s second largest economy.Exports fell 2.7 per cent last month compared with the same period in 2018, a sharp reversal from the 14.2 per cent rise in March.The decline was a surprise, with analysts having expected a 3 per cent increase in exports, according to a Bloomberg survey.Imports, an indication of domestic demand,…



Source link

Related posts