imports plunged and export growth slowed in April as the recovery
waned, raising concerns about the country’s ability to boost the global
shipments expanded 8.5% from a year earlier to $295B, the customs
administration said Tuesday in Beijing — slowing from the double-digit
gain in March.
dropped 7.9% to $205B, much worse than the median projection of a 0.2%
decline. That left a trade surplus of $90B for the month.