China’s April exports surge despite trade war
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China’s April trade data smashed expectations.
Per data released by the customs bureau (GAC) on Friday:
Exports rose 8.1% y/y in April, down from 12.1% the previous month – but far surpassing the consensus forecast of 1.9% growth
Imports fell 0.2% y/y, an improvement from March’s 4.3% drop
April’s ...