China's April exports bounce back more than expected despite trade dispute with US
China`s April exports rose 12.9 percent from a year earlier, beating analysts` forecasts for a 6.3 percent increase and snapping back from a 2.7 percent drop in March, which economists believe was heavily distorted by seasonal factors. The heated row with Washington and threats of tit-for-tat punitive measures on trade and investment have added to existing concerns about an economic slowdown in China this year.
China`s exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient amid a heated trade dispute with the US. Image source: Reuters