China’s exports in May fell a less-than-expected 3.3 percent compared with a year earlier, but imports plunged 16.7 percent, customs data cited by Reuters showed on Sunday.
Analysts in a Reuters poll had forecast exports would tumble 7 percent from a year earlier after a 3.5 percent gain in April.
Coronavirus, Hong Kong trade status key factors
Great conversation with my Australian, Canadian, New Zealand, and UK counterparts. Together we are addressing the CCP’s erosion of Hong Kong’s autonomy and pushing for transparency on COVID-19. We remain focused on addressing Iran’s destabilizing behavior in Iraq and the region.— Secretary Pompeo (@SecPompeo) June 2, 2020