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Economy And The Numbers

China Trade Balance On Tap For Wednesday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

China is on Wednesday scheduled to release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.

Imports are expected to rise 13.0 percent on year following the 14.1 percent gain in March. Exports are called higher by 10.0 percent, unchanged from the previous month. The trade balance is expected to reflect a surplus of $15.50 billion after showing a deficit of $0.88 billion a month earlier.

Malaysia will provide March numbers for imports, exports and trade balance. In February, imports were worth 44.26 billion ringgit and exports were at 52.46 billion ringgit for a surplus of 8.20 billion ringgit.

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