Weak trade figures from China heightened fears of a slowdown in the global economy, though those concerns were offset by a bounce in US trade volumes that suggested modest growth in the world’s largest economy.
Chinese exports grew just 4.9 per cent from a year earlier in April, compared with 8.9 per cent growth in March, leading economists to call for more monetary easing.
Imports rose 0.3 per cent year on year, compared with March’s 5.3 per cent increase, according to official figures released yesterday.
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