Exports jumped 8.1% last month in U.S. dollar terms from a year earlier, according to data released by China’s customs authority on Friday, sharply beating Reuters’ poll estimates of a 1.9% rise.
China’s outbound shipments to the U.S. plunged over 21% in April year on year, while imports dropped nearly 14%, official data showed.
Exports jumped 8.1% last month in U.S. dollar terms from a year earlier, according to data released by customs authority on Friday, sharply beating Reuters’ poll estimates of a 1.9% rise.
Imports slumped by just 0.2% in April from a year earlier, compared with economists’ expectations of a 5.9% drop.