China’s exports rebounded in April to rise 3.5% over a year earlier, but forecasters warned that strength is unlikely to last as the coronavirus pandemic depresses global consumer demand. Exports to the United States rose 2.2%, while imports of American goods fell 11% in a sign of weak Chinese industrial and consumer demand despite the lifting of most anti-virus controls, government data showed Thursday. Total exports rose to $200.3 billion, a turnaround from the 13.3% contraction in the three months ending in March. Imports fell 13.7% from a year earlier to $179.6 billion, worse than the first quarter’s 2.9% decline. “Exports were much stronger than anticipated in April but are likely to drop back sharply this month,” said Julian Evans-Pritchard of Capital Economics in a report. “Worse is still to come for Chinese trade.” The ruling Communist Party has allowed factories and some other businesses to […]