China Trade Surplus Narrows as Exports Fall

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By Liu Jiefei / May 08, 2019 11:46 AM / Economy

Photo: IC Photo

China’s exports of goods dropped 2.7% year-on-year in dollar terms in April, according to data released Wednesday by the General Administration of Customs.

The reading missed a median forecast of a 3% increase in a survey of economists by Bloomberg.

Imports rose 4% year-on-year last month, beating a forecast of a 2.1% decrease. The overall trade surplus stood at $13.8 billion, down 47.2% year-on-year.

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