China's exports grew at a slower pace in April and imports posted a sharp decline signaling that the expected rebound in the economy after the lifting of Covid controls is unlikely to last long.
Exports registered an annual growth of 8.5 percent in April, the General Administration of Customs reported Tuesday. Economists had forecast shipments to climb 8.0 percent after a 14.8 percent gain in March.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.