China's exports and imports both fell in May as the coronavirus and trade tensions with the U.S. weighed on demand at home and abroad.
Exports fell 3.3% compared to a year earlier to $206.8 billion and imports dropped 16.7% to $143.9 billion, the Chinese customs agency said Sunday.
The plunge in imports drove the country's trade surplus up sharply to $62.9 billion. The surplus with the United States reached $27.9 billion and climbed $18.2 billion with the European Union.