China's Imports Plunge 20 Percent In New Sign Of Economic Weakness

BEIJING (AP) — China's September imports fell by an unexpectedly wide margin of 20.4 percent from a year ago in a new sign of weakness in the world's second-largest economy. The fall in imports worsened from August's 5.5 percent contraction, defying stimulus efforts aimed at halting an economic slowdown, customs data showed Tuesday. Exports shrank 3.7 percent, though that was an improvement from the previous month's 13.8 percent decline. Weakness in trade has fueled doubts Beijing can hit its ...