China's Trade Rebounds: Exports and Imports Surge in April

Following a significant contraction, China's trade metrics show a robust recovery, with a notable rise in imports and a steady growth in exports.

China's overall trade grew by 5.7% in the first four months of 2024, with exports up by 4.9% and imports increasing by 6.8%.
April witnessed an 8% increase in foreign trade, marking a sharp recovery from previous declines.
Significant growth in trade with emerging markets and ASEAN countries, with exports to ASEAN up 8.5% year-on-year.
China's trade surplus expanded to $72.35 billion in April, significantly higher than in March.
Economic policies and global demand shifts contribute to the trade recovery, despite ongoing global economic challenges.