AFP

© AFP/File | Shanghai stocks sank on May 9, 2016, on another weak Chinese trade report

HONG KONG (AFP)¬†–¬†Shanghai stocks sank on Monday on another weak Chinese trade report, but Tokyo was boosted by a weaker yen after US jobs data reinforced expectations for more interest rate hikes this year.Beijing at the weekend released figures showing exports fell almost two percent last month while imports plunged nearly 11 percent, stoking fresh fears about the state of the world’s number two economy. 440 more words