China’s exports plunged in May on the back of falling demand from overseas markets hit by the coronavirus pandemic. Photo: Xinhua
China’s exports drop in May as coronavirus pandemic hits overseas demand
- China’s exports fell by 3.3 per cent in May, down from a surprise return to growth in April but a smaller drop than analysts expected
- Imports plunged 16.7 per cent in May, deteriorating from April, a sign that demand remains weak in the world’s second largest economy
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China trade
China’s exports plunged in May on the back of falling demand from overseas markets hit by the coronavirus pandemic. Photo: Xinhua
