Analysts Remain Cautious after China Trade Data

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

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

Imports rose an annual 0.8 percent, against a Reuters forecast for a 2.3 percent drop and compared with an 11.3 percent slump in March.  This brought the trade surplus for the month to 112.2 billion yuan ($18 billion), the commerce ministry said.

CNBC

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