China’s exports beat expectations of a slight decline for April by posting a 0.9% increase on a year earlier to US$188.5 billion, reversing a 6.6% decline in March and an 18% nosedive in February, South China Morning Post reported, citing the customs bureau. Imports also reversed to a slight increase of 0.8%, compared with a decline of 11.3% in March. In February, imports rose 10.1% from a year earlier. “China’s export growth will show a marked rebound starting in May, as the high-comparison-base [from last year] factor fades,” HSBC economist Ma Xiaoping said.
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