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Tuesday, May 7, 2013

China trade growth accelerates in April

China trade growth accelerates in April Chinese export and import growth accelerated in April, an apparent indication of strength in the economy but one that also raises questions about the quality of the data.

Exports increased 14.7 per cent in April from a year earlier, speeding up from a 10 per cent pace in March and topping most forecasts. Imports rose 16.8 per cent in April from a year earlier, up from a 14.1 per cent rise in March and also surpassing expectations.

That left China with an $18.2bn surplus on the month, rebounding from a slight deficit in March.

http://link.ft.com/r/P75VYY/NR8685/KEIJMC/TURZO4/6ANAT4/LE/h?a1=2013&a2=5&a3=7

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