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China trade: India coronavirus crisis, recovering US economy boosted figures, but ‘cyclical peak’ looms

Summary:
[unable to retrieve full-text content]A recovering US economy and the coronavirus crisis in India helped boost China’s trade data in April, but volumes are “probably close to a cyclical peak”, analysts said.China’s exports grew by 32.3 per cent last month from a year earlier to US3.93 billion, up from the 30.6 per cent growth seen in March, data released by the National Bureau of Statistics on Friday showed. This was above the median result of a survey of analysts conducted by Bloomberg, which predicted 24.5 per cent growth.This…

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[unable to retrieve full-text content]
A recovering US economy and the coronavirus crisis in India helped boost China’s trade data in April, but volumes are “probably close to a cyclical peak”, analysts said.China’s exports grew by 32.3 per cent last month from a year earlier to US$263.93 billion, up from the 30.6 per cent growth seen in March, data released by the National Bureau of Statistics on Friday showed. This was above the median result of a survey of analysts conducted by Bloomberg, which predicted 24.5 per cent growth.This…

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