Capital Economics thinks China trade surplus should have rebounded strongly in April. Export growth probably bounced back last month as distortions caused by the late timing of Chinese New Year ought to have faded.
Meanwhile, import growth probably stayed negative, dragged down by lower global commodity prices compared to a year ago and as demand for commodities remains subdued on the back of slowing investment growth.
Commentary
China’s trade surplus likely to have surged in April
Capital Economics thinks China trade surplus should have rebounded strongly in April. Export growth probably bounced back last month as distortions caused by the late timing of Chinese New Year ought to have faded. Meanw…
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