China’s exports unexpectedly fell 6.4 percent in April from a year earlier, while imports tumbled by a deeper-than-forecast 16.2 percent, fueling expectations that Beijing will quickly roll out more stimulus to avert a sharper economic slowdown. April imports tumbled 16.2 percent from a year earlier, following a 12.7 percent drop in March that highlighted tepid domestic demand as the world’s second-largest economy slows. That left the country with a trade surplus of $34.13 billion for the month, the General Administration of Customs said on Friday. Analysts polled by Reuters had expected exports to rise 2.4 percent in April from a year earlier, and predicted imports would fall 12 percent. “This is bad. I expect an interest rate cut this weekend,” said economist Tim Condon at ING in Singapore. “This is going to make 7 percent (GDP) growth hard to attain. It looks like the weakness in the […]