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

Source: reuters.com reuters.com

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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...