Japan’s export growth hits two year low on weak China demand

Summary Summary Companies April exports grow at weakest pace since 2021 Slowing global demand takes toll on exports Declines in imports may help improve trade deficit TOKYO, May 18 (Reuters) – Japan’s export growth hit its weakest pace in more than two years in April as China-bound shipments slumped amid lingering worries about faltering global economic demand. Exports rose 2.6% in April from a year earlier, Ministry of Finance data showed on Thursday, slower than a 3.0% increase expected by economists in a Reuters poll and a 4.3% rise in March. That marked the weakest gain since February 2021 when…