RPT-China's exports grow at slower pace in April, imports contract

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Repeats to attach to alerts) BEIJING, May 9 (Reuters) - China's imports dropped 7.9% in April from a year earlier, while exports grew at a slower pace of 8.5% in the same period after an unexpected surge of 14.8% in March, customs data showed on Tuesday. A Reuters poll of economists had forecast exports to have risen 8% year-on-year and no growth for imports. China's economy has seen a patchy recovery despite the lifting of tough COVID restrictions in December, with cooling global growth and a slow uptick in domestic consumption adding to a challenging outlook. (Reporting by Joe Cash Editing by Shri Navaratnam)

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