China's Export Growth Slows, Imports Continue to Decline
TL;DR Summary
China's exports grew 8.5% in April, marking a second-straight month of growth, while imports fell 7.9% compared with a year ago. The trade surplus grew to $90.21 billion in April. Economists attribute the softer trade data in April to "residual seasonality" after this year's Lunar New Year. China's service sector remained a bright spot despite disappointing factory data. China's inflation data is slated for release Thursday, with economists expecting inflation to slow to a 0.3% year-on-year rise.
- China's exports rose 8.5%, continuing its growth streak at a slower pace CNBC
- China's exports seen rising in April but at slower pace, outlook challenging - Reuters poll Reuters
- China's Exports Rose in April in Boost to Economic Recovery Bloomberg
- China’s export growth accelerates in April, fall of imports deepens further South China Morning Post
- China's shrinking imports, slower exports growth heap pressure on economy Reuters
Reading Insights
Total Reads
0
Unique Readers
27
Time Saved
2 min
vs 3 min read
Condensed
81%
407 → 77 words
Want the full story? Read the original article
Read on CNBC