China’s exports returned to growth in April, beating forecasts and suggesting that an expected demand shock from coronavirus containment efforts around the world will come later.Exports rose by 3.5 per cent last month, up from a 6.6 per cent fall in March and much better than the combined minus 17.2 per cent collapse in January and February. April’s return was much better than the expectations of a Bloomberg poll of analysts, which had predicted an 11 per cent shrinkage.Imports fell by 14.2 per…
from South China Morning Post https://bit.ly/2SGxMwm
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Thursday, May 7, 2020
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Coronavirus: China’s exports in surprise jump in April, but imports tumble
Coronavirus: China’s exports in surprise jump in April, but imports tumble
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