China’s exports rise in April by 14.1%
BEIJING, 9 MAY / WAM / China recorded an increase in its exports last April by 14.1% on an annual basis, compared to an increase in imports by 25.3% during the same period despite the situation resulting from the war in the Middle East, according to official data published on Saturday.
These numbers issued by the Customs Administration are higher than the expectations of a group of economic experts reported by Bloomberg, who expected an increase of 8.47% for exports and 20% for imports.
China’s exports to the United States alone rose 11.3% in April year-on-year.
These data were issued days before US President Donald Trump’s visit to China next week, and they reflect a significant difference from the March numbers, which recorded a sharp decline of 26.5% from the previous year, mainly under the influence of US customs duties.
It is expected that trade will be one of the most prominent topics that Trump will discuss with his Chinese counterpart, Xi Jinping, during the upcoming summit.
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