Chinese noodle shop owner rocks on to fight coronavirus blues
https://m.youtube.com/watch?v=jVwkPu5Bwl8
Overseas shipments in May fell 3.3% from a year earlier, after a surprising 3.5% gain in April, customs data showed on Sunday. That compared with a 7% drop forecast in a Reuters poll.
While exports fared slightly better than expected, imports tumbled 16.7% compared with a year earlier, worsening from a 14.2% decline the previous month and marking the sharpest decline since January 2016. It had been expected to fall 9.7% in May.
The economy shrank 6.8% in the first quarter from a year earlier.
"In the future exports will basically see negative growth, but it is not necessary to be too pessimistic. It should be within -10%," Zhang said.
Users browsing this forum: No registered users and 6 guests