China’s Trade Up in April

China’s exports and imports rose in April from the year-ago period, government data showed on Thursday, defying expectations for a dip on both figures.

Exports climbed 0.9 percent in April from the year-ago period, the Customs Administration said, much better than the 1.7 percent dip a Reuters poll of analysts had predicted and versus a fall of 6.6 percent in March.

Imports, meanwhile, rose an annual 0.8 percent, against a Reuters forecast for a 2.3 percent drop and compared to a 11.3 percent slump in March.  This brings trade surplus for the month to 112.2 billion yuan ($18 billion).  The commerce ministry said trade picture will likely improve further after May.

CNBC

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