TOKYO/SHANGHAI — China’s exports grew at a slower pace in May while consumer prices fell for a fourth straight month, official data showed on Monday, hours before U.S and Chinese trade negotiators were due to reconvene in London for high-stakes talks.
Total overseas shipments increased 4.8% year-on-year in dollar terms, according to statistics released by the Chinese customs office. The reading missed a 5% rise forecast in a poll of s, and declined from April’s 8.1% growth.