China’s April Trade Balance: Surplus expands amid another exports surge

China's Trade Balance for April, in Chinese Yuan terms, came in at CNY618.44 billion versus CNY637.16 billion expected and CNY601.01 billion last.

The exports jumped by another 16.8% in the reported period vs. 10.5% expected and 23.4% previous.

The country’s imports fell by 0.8% vs. 6.1% prior. The market forecast was for a 4.2% increase.

more to come ...