China’s exports shrank in April, adding downward pressure on an economy grappling with overcapacity and a property slump. Overseas shipments fell 6.2 percent from a year earlier in yuan value, the customs administration said in Beijing on Friday. That compared with the median estimate for a 0.9 percent rise in a Bloomberg survey of analysts. Imports slid 16.1 percent -- the fourth straight double-digit decline -- leaving a trade surplus of 210.21 billion yuan ($33.9 billion). The weaker-than-expected export performance and languishing imports compound challenges for an economy that last quarter expanded at the ... (full story)