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

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.

https://www.cnbc.com/2022/05/09/china-economy-april-exports-slow-imports-unchanged-amid-virus-curbs.html