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China's exports return to growth in April, imports beat forecast

From finance.yahoo.com

China's export returned to growth in April after contracting sharply in March, customs data showed on Thursday, suggesting some improvement in overseas demand that policymakers will hope extends through the rest of this year. Shipments from China grew 1.5% year-on-year last month, in line with the increase forecast in a Reuters poll of economists. They fell 7.5% in March, which marked the first contraction since November. Imports for April increased 8.4%, beating an expected 4.8% rise. China's economy grew faster than expected in the first quarter, although data on exports, consumer inflation, producer prices and ... (full story)

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