Chinese trade activity sets growth records
Exports and imports to China also increased significantly on an annual basis in April. This was revealed on Friday by trade data from the Chinese government.
Exports expressed in dollars increased by 32.3 percent on an annual basis, but economists predicted an increase of 21.0 percent. Imports increased by 43.1 percent, with a plus of 40.0 percent expected/ In April, the trade surplus was $ 42.85 billion, with a surplus of $ 28.2 billion forecast.
In April, the trade surplus was 276.5 billion yuan. In its own currency, exports increased by 22.2 percent last month and imports by 32.2 percent.