China's trade surplus narrows sharply in April as exports dip

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

CHINA'S trade data missed expectations in April just as tensions with the United States are flaring up again. China's trade surplus shrank drastically last month, coming in at US$13.84 billion, against the preceding month's US$35 billion. Read more at The Business Times.

Data from China's General Administration of Customs indicates that the country's dollar-denominated exports fell by 2.7 per cent from a year ago, while its imports picked up by 4 per cent, following a drop of 7.6 per cent in March.

CHINA'S trade data missed expectations in April just as tensions with the United States are flaring up again. China's trade surplus shrank drastically last month, coming in at US$13.84 billion, against the preceding month's US$35 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China trade data for April surprises: exports fall 2.7%, imports up 4%[BEIJING] China's April exports unexpectedly fell 2.7 per cent from a year earlier, while imports grew by a surprising 4 per cent, their first increase in months, official data showed on Wednesday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

China April exports unexpectedly fall but imports rebound as trade talks loom[BEIJING] China's April exports unexpectedly shrank 2.7 per cent from a year earlier, while imports grew by a surprising 4 per cent, their first increase in five months, official data showed on Wednesday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

China April exports unexpectedly fall but imports rebound as trade talks loomBEIJING: China's exports unexpectedly shrank in April but imports surprised with their first increase in five months, painting a mixed picture of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China confirms top trade negotiator Liu He to lead US trade talks on ThursdayWASHINGTON (BLOOMBERG) - China's top trade negotiator, Vice Premier Liu He, will visit the US for trade talks in what is shaping as a crucial week for the yearlong standoff after President Donald Trump ratcheted up pressure with plans to raise tariffs on Chinese goods on Friday (May 3).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Tit-for-tat: Timeline of US-China trade dispute2018 Jan 22: The US imposes 30 per cent tariffs on imported solar panels and 20 per cent tariffs on washing machines, hitting China and South Korea hard.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

China trade team still preparing to go for talks after Trump cranks up pressureChina said on Monday that a delegation is still preparing to go to the United States for trade talks, after U.S. President Donald Trump ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China-US trade deal: Enforcement mechanism is keyWASHINGTON US and Chinese officials say a historic deal ending their ongoing trade war could be imminent, but a key question is how can Washington be sure Beijing will live up to its end of the bargain? With up to 100 Chinese officials reportedly expected next week in...
Source: thenewpaper - 🏆 7. / 63 Read more »

China trade team still plans on US talks as Trump vows to raise tariffsChina said on Monday that a delegation is still preparing to go to the United States for trade talks, after U.S. President Donald Trump ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US-China trade dilemma: How to hold Beijing's feet to the fireWASHINGTON: US and Chinese officials say a historic deal ending their ongoing trade war could be imminent, but a key question is how can ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asian shares off five-week low, remain fragile amid US-China trade tensionsSYDNEY: Asian shares staggered up from five-week lows on Tuesday (May 7) but remained fragile after US President Donald Trump's latest threat to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China says Vice Premier Liu to visit US on May 9-10 for trade talksChina said on Tuesday that Vice Premier Liu He will go ahead with a visit to the United States this week, after efforts to reach a deal to end a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »