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China says April exports jump 14.1% from a year ago ahead of Trump-Xi summit
The increase beat analysts’ estimates and was driven by stronger shipments to Europe, Southeast Asia, Latin America and Africa, economists said.
- The government reported that China's exports rose 14.1% in April, despite the Iran war and higher U.S. tariffs, ahead of next week's planned summit between President Donald Trump and Jinping in Beijing.
- Chinese leaders set an annual economic growth target of 4.5% to 5%, down from last year's 5% expansion, though China's economy has remained resilient due to large oil reserves and diversified energy sources.
- Imports climbed 25.3%, slower than the 27.8% growth in March but still robust, beating analysts' estimates and improving significantly from the 2.5% year-on-year expansion recorded in March.
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Chinese exports grew more strongly than expected in April, despite pressure on the global economy due to the war in the Middle East. According to figures from Chinese customs, exports rose by 14.1 percent compared to a year earlier.
Imports also came above market estimates, while trade surplus fell short of expected
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Coverage Details
Total News Sources54
Leaning Left12Leaning Right8Center19Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 31%
C 49%
R 20%
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