May’s soggy Chinese trade data offered the latest sign that the world’s second-largest economy was still a long way off from full health.
Exports in dollar-denominated terms tanked 4.1 percent on-year, more than double April’s 1.8 percent fall and slightly worse than estimates for a 3.6 percent decline, Reuters said on Wednesday.
Imports meanwhile edged down 0.4 percent on-year, narrower than April’s 10.9 percent tumble and the 6 percent slide anticipated.
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