China's exports and imports fall amid coronavirus woes.
People wearing face masks to protect against the new coronavirus stand outside of an Apple store in Beijing, Saturday, June 6, 2020. China's capital is lowering its emergency response level to the second-lowest starting Saturday for the coronavirus pandemic. That will lift most restrictions on people traveling to Beijing from Wuhan and surrounding Hubei province, where the virus first appeared late last year.
Exports fell 3.3% compared to a year earlier to $206.8 billion and imports dropped 16.7%to $143.9 billion, the Chinese customs agency said Sunday.
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China exports in May fall 3.3% year-on-year; imports shrink 16.7%China's exports in May fell a less-than-expected 3.3% compared with a year earlier, but imports plunged 16.7%, customs data showed on Sunday.
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China May exports slip back into contraction, imports worst in four yearsChina's exports contracted in May as global coronavirus lockdowns continued to devastate demand, while a sharper-than-expected fall in imports pointed to mounting pressure on manufacturers as global growth stalls.
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