China's exports expanded in April despite the global outbreak of coronavirus, or covid-19, pandemic hurting global demand, data from the General Administration of Customs revealed Thursday.
In dollar terms, exports grew 3.5 percent on a yearly basis in April, confounding expectations for a decline of 12.1 percent. Shipments had declined 6.6 percent in March.
Meanwhile, imports plunged 14.2 percent on year versus the expected fall of 12.4 percent and March's 0.9 percent drop.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.