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China exports up 8% in Apr, shipments to US down 20%
Business Standard
|May 10, 2025
China's exports rose 8.1 percent in April from the year before, the government said Friday, faster than economists were expecting, though exports to the United States (US) sank more than 20 percent.
Economists had forecast that China's global exports would grow about 2 percent in April, down from a whopping 12.4 percent year-on-year increase in March. Imports fell 0.2 percent in April from the year before.
The data were released a day before US Treasury Secretary Scott Bessent and other top US officials were due to meet with Beijing's lead trade envoy, He Lifeng. The plans for talks in Geneva, Switzerland, could bring a shift in the stalemate over President Donald Trump's hikes in tariffs on Chinese goods to as much as 145 percent.
This story is from the May 10, 2025 edition of Business Standard.
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