China’s Trade Balance: Surplus shrinks in April despite solid Exports

avatar
· Views 31

China's Trade Balance for April, in Chinese Yuan (CNY) terms, came in at CNY689.99 billion, showing a slight cooling off from the previous figure of CNY736.72 billion.

Exports jumped 9.3% YoY in April vs. 13.5% in March. The country’s imports rose 0.8% YoY in the same period vs. -3.5% booked previously.

In US Dollar (USD) terms, China’s trade surplus expanded more than expected in April.

Trade Balance arrived at +96.18B versus +89B expected and +102.63B previous.

Share: Feed news

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
avatar
Reply 0

Leave Your Message Now

  • tradingContest