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在线翻译:
szdaily -> Business
April exports, imports rise less than expected



    2017-May-9  08:53    Shenzhen Daily

CHINA’S exports and imports rose in April but missed analysts’ expectations, as domestic and foreign demand faltered and commodity prices fell.

Exports rose 8 percent from a year earlier, missing analysts’ expectations, while imports expanded 11.9 percent, official data showed yesterday.

That left the country with a trade surplus of US$38.05 billion for the month, the General Administration of Customs said.

Analysts polled by Reuters had expected April shipments from the world’s largest exporter to have risen 10.4 percent. In March, exports rose 16.4 percent.

Imports were expected to have climbed 18 percent, after rising 20.3 percent in March.

Analysts were expecting China’s trade surplus to have widened to US$35.50 billion in April from March’s US$23.93 billion.

China’s imports and exports are expected to stabilize and improve in the near future, the Ministry of Commerce said last week in its quarterly report on trends in the country’s foreign trade.

Foreign trade is expected to face a better environment in 2017 compared with the past two years, the report said.

Exports to the United States rose 11.7 percent in April from a year earlier while imports from the United States rose 1.5 percent.

China’s trade surplus with the United States was US$21.34 billion in April, up from US$17.74 billion in March, according to data from China’s customs bureau.

China’s trade surplus with the United States has drawn attention from U.S. President Donald Trump. He pressed Chinese President Xi Jinping at a recent meeting in Florida to help reduce the trade gap between the two countries.

While the Trump administration did not label China a currency manipulator in the Treasury Department’s most recent report on currency manipulation, it has sought other fronts in which to tackle its large trade deficit with China.

Finance leaders of Japan, China and South Korea agreed to resist all forms of protectionism in a trilateral meeting Friday, taking a stronger stand than G20 major economies against the protectionist policies advocated by Trump.(SD-Agencies)

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