Tags: AS | China | Trade

China's Trade Shrinks in April in Worrisome Economic Sign

Sunday, 08 May 2016 07:26 AM EDT

BEIJING (AP) — China's trade shrank in April in a worrisome sign for official efforts to reverse a slowdown in the world's second-largest economy.

Customs data Sunday showed exports contracted by 1.8 percent from a year earlier to $172.7 billion, falling back into negative territory after March's temporary burst of 11.5 percent growth. Imports plunged 10.9 percent to $127.2 billion after the previous month's 13.8 percent contraction.

China's economic growth slowed to a seven-year low of 6.7 percent in the first quarter of the year. Manufacturing and other activity have been lackluster despite government stimulus efforts that include a boost in bank lending and an easing of controls on real estate sales.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Asia
China's trade shrank in April in a worrisome sign for official efforts to reverse a slowdown in the world's second-largest economy.Customs data Sunday showed exports contracted by 1.8 percent from a year earlier to $172.7 billion, falling back into negative territory after...
AS,China,Trade
111
2016-26-08
Sunday, 08 May 2016 07:26 AM
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