Home / NEWS / World News / China’s exports surge 32.3% in April, surpassing expectations

China’s exports surge 32.3% in April, surpassing expectations

Containers sit at the Yangshan Mooring in Shanghai, China, Aug. 6, 2019.

Aly Song | Reuters

BEIJING — China’s exports surged more than expected in April as pandemic demand for Chinese goods remained elevated amid countries’ varying stages of dealing with the coronavirus pandemic.

U.S. dollar-denominated exports rose 32.3% in April from a year ago, China’s customs intervention said Friday. That beat an estimate of 24.1% growth from analysts polled by Reuters.

Imports push 43.1% in U.S. dollar terms, also topping expectations of 42.5% growth, based on a Reuters poll.

This is a disturb b train news story. Please check back for updates.

Check Also

Billionaire investor David Tepper says ‘the stock market is still fine’ after Fed announcements

Hedge capitalize legend David Tepper thinks the Federal Reserve did a good job in showing …

Leave a Reply

Your email address will not be published. Required fields are marked *