Advertisement

China April exports down 6.4 pct yr/yr, well below forecast

BEIJING, May 8 (Reuters) - China's exports fell 6.4 percent in April from a year earlier in dollar-denominated terms, missing market expectations, while imports tumbled 16.2 percent.
Advertisement

That left the country with a trade surplus of $34.13 billion for the month, the General Administration of Customs said on Friday.

Advertisement

Analysts polled by Reuters had expected exports to rise 2.4 percent in April from a year earlier, and predicted imports would fall 12 percent.

Chinese Vice Premier Wang Yang was quoted by Xinhua state news agency as saying last month that authorities must arrest China's export slowdown lest it further dampen economic growth. (Reporting by Kevin Yao; Editing by Kim Coghill)

Advertisement