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 plunged in May on the back of falling demand from overseas markets hit by the coronavirus pandemic. Photo: Xinhua
China trade

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

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 plunged in May on the back of falling demand from overseas markets hit by the coronavirus pandemic. Photo: Xinhua
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