China: exports up by more than 32% in April, better expected

Good data from China’s trade balance for the month of April. Exports – denominated in dollars – jumped 32.3% year-on-year, well above the 24.1% growth forecast by Reuters analysts. Imports increased by 43.1%, over the + 42.5% estimated by the consensus. The result was a trade surplus of $ 42.85 billion, up from an expected $ 28.10 billion and $ 13.80 billion in March.