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China's Exports Rise, Imports Drop in April

China's exports in yuan-denominated terms rose 4.1 percent year on year in April, while imports dipped 5.7 percent, customs data showed.

That led to a monthly trade surplus of 298 billion yuan ($45.9 billion), up from March's 194.6 billion yuan ($30 billion), according to figures from the General Administration of Customs (GAC).

The export growth in April was milder than the 18.7 percent increase in March, while imports fell at a faster pace compared with the 1.7 percent fall in the previous month.

Foreign trade edged down 0.3 percent year on year to 1.95 trillion yuan ($300.4 billion) last month and that for the first four months combined slipped 4.4 percent to 7.17 trillion yuan ($1.1 trillion).

In the January-April period, exports dropped 2.1 percent year on year while imports went down 7.5 percent, leading to a trade surplus of 1.11 trillion yuan ($169.4 billion), widening 16.5 percent from a year earlier.

(Xinhua News Agency May 8, 2016)

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