China's April exports lowest in two years as virus bites: customs data

China's April exports lowest in two years as virus bites: customs data
Monday 9 May 2022 - 09:15

China’s export growth slumped in April to its lowest level in almost two years, customs data showed Monday, as a Covid resurgence shuttered factories, sparked transport curbs and caused congestion at key ports.

Export growth plunged to 3.9 percent on-year in April, the Customs Administration said Monday, the lowest monthly figure recorded since June 2020, while imports remained flat as the country battles its worst coronavirus flare-up.

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