CHINA’S TRADE BALANCE: IMPORTS ROSE SHARPLY IN APRIL

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China's Trade Balance for April, in Chinese Yuan terms, came in at CNY513.45 billion, widening from the previous figure of CNY415.86 billion.

Exports rose 1.5% YoY in April vs. -7.5% seen in March. The country’s imports rose 8.4% YoY in the same period vs. -1.9% registered previously.

In US Dollar terms, China’s trade surplus widened in April.

Trade Balance came in at 72.35B versus 76.7B expected and 58.55 previous.

Exports (YoY): 1.5% vs. 1.0% expected and -7.5% previous.

Imports (YoY): 8.4% vs. 5.4% expected and -1.9 last


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