Chinese Trade Balance Surplus Larger Than Expected In April
(For April 2012)
China trade balance was reported at USD 18.4 billion vs. USD 5.4 billion in December and USD 9.9 billion consensus. Export and import growth were running at 4.9 and 0.3 percent vs. 8.9% and 5.3% in March.
The chart looks rather worrying.
China Exports, China Imports, China Industrial Production, China Loan Issuance, China Money Supply, China PMI, China Trade Balance