Mixed News for China

Mixed News for China

Figures released on Sunday by the Chinese General Administration of Customs showed mixed fortunes for the economy. Export figures grew rapidly in May after a recent slump, but imports fell. The country is trying to rebalance its economy and create more domestic consumption. China’s economy overall is set to be slower this quarter, something that is seen by the IMF and World Bank as being necessary to create a more stable picture. Read the full story