China trade beats expectations in April

Beijing (AFP) May 9, 2024

Chinese exports returned to growth last month while imports smashed expectations, data showed Thursday, providing a much-needed boost to the country's leadership as it tries to steer the economy out of a long-running slump. Overseas shipments expanded 1.5 percent on-year in April, slightly beating forecasts in a Bloomberg survey and a strong turnaround after a shock 7.5 percent plunge in Mar