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China Exports Log Weak Growth In April

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

China's exports growth eased sharply in April largely due to the coronavirus-related disruptions, the weak demand from Russia following the war in Ukraine and the fall in demand for pandemic-linked goods.

Exports grew only 3.9 percent on a yearly basis in April, much slower than the 14.7 percent increase seen in March, data from the General Administration of Customs showed Monday.

This was the weakest expansion since mid-2020. However, economists had forecast a bigger 3.2 percent decrease.

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