BEIJING (dpa-AFX) - China's exports grew more than expected in April despite the fall in exports to the U.S., official data revealed on Friday.
Exports advanced 8.1 percent on a yearly basis in April, while economists had forecast a 1.9 percent rise. This followed a 12.4 percent increase in March.
At the same time, imports fell only 0.2 percent from a year ago, compared with the economists' forecast of a 5.9 percent decline. Moreover, the pace of decrease slowed from 4.3 percent fall posted in March.
As a result, the trade surplus decreased to $96.18 billion from $102.64 billion in the previous month. The expected level was $97.0 billion.
Data showed that exports to the US declined sharply by 21 percent in April, reflecting the US tariff hikes.
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