ShippingWatch

China's plunge in exports surprisingly big in April

Surprisingly weak export numbers from China as overseas shipments fell 6.2 percent in April following a drop of 14.6 percent in March on an annual basis. Imports are also significantly below expectations.

Photo: Georg Hammerstein/POLFOTO/ARKIV

The Chinese export continues down a dark path with yet another dive in April, following the nosedive in March.

And growing demand from the US economy was neutralized by the continued weak demand in Europe and a drop in exports to Japan. In total, the trade data adds pressure to the challenges face by the Chinese economy.

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