China over trade surplus and surplus with US widen in April, bigger-than-expected growth

[beijingwalker]

China over trade surplus and surplus with US widen in April, bigger-than-expected growth​

May 09, 2023 1:22 AM ETFXI, PGJ, EWH, CAF, CYB, GXC, TDF, CHIQ, YINN, YANG, CQQQ, CHIX, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KUREBy: Meghavi Singh, SA News Editor2 Comments

• China's trade surplus surged to $90.21 billion in April 2023 from $49.47 billion in the same period a year earlier, easily beating market forecasts of $71.6 billion.
• Exports rose by 8.5% y/y, the second straight month of increase, above market consensus of an 8% growth, while imports unexpectedly fell by 7.9% amid weakening domestic demand.
• Meanwhile, the politically sensitive trade surplus with the United States widened to $29.68 billion in April from $27.6 billion in March.

China trade surplus widens in April, bigger-than-expected growth

China's trade surplus surged to $90.21 billion in April 2023 from $49.47 billion in the same period a year earlier, easily beating market forecasts of $71.6 billion.Exports rose by...

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[beijingwalker]

Americans always put their money where China's mouth is and some American fools in PDF are still ranting hot air, their mouth gets nothing.